We are a small
construction company specializing in the steel industry. We are in the initial stages of pre-
construction and the customer has asked us for a $100M +
performance bond. There are two
contractors (piping and electrical) that would be under us however at this time we understand that we are to
construction manage them, not to be subs under us. The proposed contract arrangement is a cost reimbursable/fixed fee. We have a CM fee for managing the two
contractors, again which does not make sense for us on a bond. Can you help me understand what makes sense regarding
bonding here?
06-06-2008, 11:41 AM
$100 Million + Steel Industry Bond 
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