Bid Bond - Royal Bank Pacific

Posted April 14, 2020 by royalbankpacific

Royal Bank Pacific is an international financial institution that offers a range of personal, business, government, investment and international financial services to both local and overseas clients.

Bid bond guarantees compensation to the bond owner if the bidder fails to begin a project. The Bid bond is to provide a guarantee to the project owner that the bidder will complete the work if selected. The existence of a bid bond gives the owner assurance that the bidder has the financial means to accept the job for the price quoted in the bid.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Royal Bank pacific
Phone 01112827451
Business Address Letter Box No: CP3-01, No.3Jalan Munshi Abdullah, Kuala Lumpur 50100 W.P. Malaysia.
Country Malaysia
Categories Accounting , Banking , Business
Tags BId bond , finance , Banking
Last Updated April 14, 2020