Surety Bond - JW Surety Bonds

Bid Bonds - Bid but no final bond required


Go Back   Surety Bond Forums > Contract Bonds > Bid Bonds
User Name
Password

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-01-2008, 08:43 AM
Senior Member
 
Join Date: Oct 2007
Posts: 276
Default Bid but no final bond required

Can you issue a bid bond for me if a final bond is not required?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Free Surety Bond Quotes
Apply Online Now
  #2 (permalink)  
Old 07-22-2008, 04:19 PM
Surety Professional
 
Join Date: Oct 2007
Posts: 515
Default Bid Bonds

Quote:
Originally Posted by Bond Magician
Can you issue a bid bond for me if a final bond is not required?

Well, yes... but it's not a preferred situation. When one of our established contractors needs a bid bond - and we know no final bond is required - we will generally do it as a courtesy for a good client.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Free Surety Bond Quotes
Apply Online Now
  #3 (permalink)  
Old 07-24-2008, 10:05 AM
Senior Member
 
Join Date: Oct 2007
Posts: 276
Default Bid but no final bond required

Quote:
Originally Posted by Surety Queen
Well, yes... but it's not a preferred situation. When one of our established contractors needs a bid bond - and we know no final bond is required - we will generally do it as a courtesy for a good client.

Are there any companies out there who will write a letter for a company who is not a current client?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Free Surety Bond Quotes
Apply Online Now
  #4 (permalink)  
Old 07-24-2008, 10:09 AM
Surety Professional
 
Join Date: Oct 2007
Posts: 515
Default Bid Bonds

Quote:
Originally Posted by Bond Magician
Are there any companies out there who will write a letter for a company who is not a current client?

Oh sure. Just don't be surprised if they charge a fee for the service. What you have to remember is that Surety companies make their money issuing performance bonds. Bid bonds are a service so if only bids are getting issued and no final bonds are required, no one is making any money and, let's face it, that's what we're all here for.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Free Surety Bond Quotes
Apply Online Now
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 10:36 PM.


Powered by vBulletin Version 3.5.0
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.1.0
©2005-2008 JW Bond Consultants, Inc. All rights reserved.