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Old 01-10-2007, 11:03 AM
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Default Bid - Certified Check
Hello,
I am going to be bidding on a job by certified check. If I am awarded the job, does the obligee return the check to me before I start the performance and payment bond?
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Old 01-11-2007, 10:14 AM
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The cash you posted is required to guarantee that you can and will provide a performance bond to guarantee the work. Therefore, the cash is not returned until you post the performance bond.
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