The Pipeline

Week 19, 2020

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Bond Premium And The Project Time Extension Most traditional bond rates have two variables in their cost: the contract value and the time threshold. Do not forget to include both in time extension negotiations. What’s in a bond rate? The bond rate from your surety agent comes in two parts: (1) the cost as a function of the contract value and (2) the cost as a function of time... READ MORE Pipeline Podcast Our podcast is available on: Spotify , Apple Podcasts , & more ... or just ask Alexa ! Pipeline Poll Does your bond rate carry a time threshold? A.  Sure does. B.  Nope, we don't have that component. C.  You know, I don't know. D.  We don't bond work. E.  Huh? TELL US

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