There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

The Federal Acquisition Regulation ("FAR") contains numerous standard and optional forms for use in acquisitions. A standard form (SF) is considered mandatory. For instance, any bilateral or ...

IT IS INDEED the rare contractor who has never transposed a number or made another dumb mistake in the course of preparing a bid. The rush of bid day almost guarantees it. For public projects, this ...