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Old 04-14-2009, 07:38 PM
Hardline Hardline is offline
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Join Date: Apr 2009
Posts: 1
Default Performance Bond

If a contract has a one year warranty will the entire performance bond be locked up until that warranty has expired? What I am really getting at is if we have to put up some kind of collateral to secure a bond, will that collateral be tied up for that entire time, or is some portion of it released after the project has been completed and bought off?
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