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The cost estimate for the construction of a 20 stories residential building is based on the followings: 1) If a 10 % bid bond is
The cost estimate for the construction of a 20 stories residential building is based on the followings:
1) If a 10 % bid bond is required for this Design/Build project ,
a. Determine the required bid bond value in (Dhs).
b. When shall it be submitted to the client?
c. When will it be returned to the contractor?
2) If a 5% performance bond is required for this Design/Build project,
a. Determine the required performance bond value in (Dhs).
b. When shall it be submitted to the client?
c. When will it be returned to the contractor?
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