bid bonds Hightstown NJ

Bid bonds are known by many different names in the Hightstown NJ area and all over the United States, but they all serve the same purpose: they provide financial assurance to the government that contractors will adhere to the set terms of their contracts so that the government doesn’t lose money on them. If you’ve never heard of these, don’t worry; this is a relatively new concept for contractors in the bid bonds Hightstown NJ area, as well as around the rest of the country. What are bid bonds? Bid bonds are a form of insurance that guarantees the winning…