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Bonds

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Bonds Empty Bonds

Post by hirayamanawari Wed Jun 20, 2012 12:06 am

I am doing a bid for a residential house. Among listed are various bonds.

a. Downpayment Surety Bond
b. Contratcor's Liability Insurance
c. Performance Bond
d. Payment Bond
e. Guarantee Bond

What are the average costs of these? and what bonds are just needed for an average house construction?

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Bonds Empty Re: Bonds

Post by de3t3r4 Fri Jun 22, 2012 2:10 am

try mo basahin ang architect national code / UAP doc. 200 to 208 pgkakaalam ko andyan yung mga percent kung mgkanu ang mga yan...d ko lang matandaan n...tagal n kc eh:lol!:
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Bonds Empty Re: Bonds

Post by hirayamanawari Fri Jun 22, 2012 2:12 am

Salamat!

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Post by arki.gerbz Mon Jul 02, 2012 11:15 am

i forgot the other 2

Performance Bond = 15%
Payment Bond = 15%
Guarantee Bond = 30%

read UAP Doc. 301 The General Conditions
tsaka bago na ang UAP Docs, it's SPP Doc 201-209
yung Doc. 200 ay Code of Ethics.

hope it helps, Smile

PS.
SPP = Standards of Professional Practice
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Post by hirayamanawari Mon Jul 02, 2012 9:08 pm

Salamat reg bonds adn the new UAP docs! Very Happy

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Post by ciaoriki Fri Sep 14, 2012 12:09 am

kulang pa nag isa , BID BOND

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