Why is it important to report bid results timely?
When bid bonds are issued, the entire estimated contract amount is deducted from the available capacity of the contractor, not the bid bond amount. The capacity is not restored until the “not low” results reach the underwriter. Any delay in reporting bid results could cause a delay in the approval of your next bid bond.
Report bid results through the form below or download a PDF.
If the bid has been postponed please email us at email@example.com so we can update our records.