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  1. Join Date
    Oct 2007
    Posts
    401

    Single/Aggregate Bond Line

    What does a two over four aggregate bond line mean?

  2. Join Date
    Oct 2007
    Posts
    558

    Performance Bonds

    Quote Originally Posted by Bond Magician
    What does a two over four aggregate bond line mean?
    It means that there is a single limit for any bond in the amount of $200,000 and a total aggregate of $400,000. That means that you could do two performance bonds of $200,000 each or four at $100,000 each. You can't go over $200,000 for any single job or over $400,000 total at any one time.
    I hope that clarifies it for you.

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