Electronic Bid Bonds

When working with Suppliers for Events with large dollar amounts, such as construction, it is common to require that the Supplier provide a Bid Bond with their response. The Bid Bond is a form of insurance that shows the Supplier can perform the work. Surety 2000 offers the ability provide a Bid Bond ID, which ties to a Bid Bond that can be verified electronically. Electronic Bid Bonds support the electronic storage and validation of Bid Bonds along with some support for paper Bid Bonds.