|
gptkbp:instanceOf
|
Surety Bond
|
|
gptkbp:amountRange
|
5% to 10% of Bid
|
|
gptkbp:award
|
Percentage of Bid Amount
|
|
gptkbp:benefit
|
Project Owner
|
|
gptkbp:claimableIf
|
Bidder Defaults
Bidder Refuses Contract
Bidder Withdraws Bid
|
|
gptkbp:compatibleWith
|
Negotiated Contracts
|
|
gptkbp:enables
|
Bid Evaluation
|
|
gptkbp:expiresWhen
|
Bid Validity Period Ends
Contract Signed
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Bid Bond
|
|
gptkbp:issuedBy
|
gptkb:Surety_Company
|
|
gptkbp:prevention
|
Bid Withdrawal
Bidder Refusal to Sign Contract
|
|
gptkbp:purpose
|
Guarantee Bidder Will Undertake Contract
Protect Owner from Bidder Default
|
|
gptkbp:regulates
|
gptkb:Federal_Laws
Local Laws
Contract Terms
|
|
gptkbp:relatedTo
|
gptkb:Payment_Bond
gptkb:Performance_Bond
gptkb:Tender_Bond
|
|
gptkbp:replacedBy
|
gptkb:Performance_Bond
|
|
gptkbp:requires
|
gptkb:Private_Sector_Projects
gptkb:Public_Sector_Projects
Competitive Bidding
|
|
gptkbp:riskAssumedBy
|
gptkb:Surety
|
|
gptkbp:riskMitigatedFor
|
Project Owner
|
|
gptkbp:submittedWith
|
Bid Proposal
|
|
gptkbp:usedIn
|
Construction Projects
|
|
gptkbp:bfsParent
|
gptkb:Standby_Letter_of_Credit
|
|
gptkbp:bfsLayer
|
6
|