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  1. Redbull
    Redbull is offline Member
    Join Date
    Oct 2006
    Posts
    86

    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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  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
    Posts
    755

    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.
    Surety Bond Articles
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