Changing Principals

[JAA]

If a contract was awarded to one company and the when it is time to submit their bond, they indicate that they have exceeded their bond capacity. They now want to team with another vendor that has bond capacity.

Where is this indicated that it is not allowed...
Thanks

[Admin]

If they bid using cash they may not get all of their funds back. If they bid using a bid bond, the surety may have a claim on their hands, as the bid bond is a guarantee that the surety will provide a performance bond if awarded the contract.