Based on the Miller Act, bonds are required
A) on Federal work greater than $100K
B) on all Federal work
C) on projects over one million dollars
D) only on Federal military work
Correct Answer:
Verified
Q1: In construction, there are three basic types
Q3: Joint ventures are sometimes formed
A) to increase
Q4: A responsive bid
A) contains a good price
Q5: A responsible bid
A) contains a good price
Q6: The three C's of bonding include Capital,
Q7: Failure to inform of a claim against
Q8: The bonding company is often concerned about
Q9: Performance and payment bonds are usually issued
Q10: Bonds are another form of insurance
Q11: The three Cs of bonding are Character,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents