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<oembed><version>1.0</version><provider_name>Suretegrity</provider_name><provider_url>https://www.suretegrity.com/blog</provider_url><author_name>admin</author_name><author_url>https://www.suretegrity.com/blog/author/admin/</author_url><title>What is a Bid Bond? - Suretegrity</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="TDyF8zqKFO"&gt;&lt;a href="https://www.suretegrity.com/blog/what-is-a-bid-bond/"&gt;What is a Bid Bond?&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.suretegrity.com/blog/what-is-a-bid-bond/embed/#?secret=TDyF8zqKFO" width="600" height="338" title="&#x201C;What is a Bid Bond?&#x201D; &#x2014; Suretegrity" data-secret="TDyF8zqKFO" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>A Bid Bond is a type of Construction Bond that provides a guarantee that the winning bidder will take up the contract as per the terms at which they bid. This bond ensures compensation to the bond owner if the bidder fails to begin a project. A Bid Bond is obtained through a surety agency, [&hellip;]</description></oembed>
