BID BONDS

FDH Bank Bid bonds provide the Principal or Seller with assurance that the bidder has the capacity and financial muscle to execute the job or deliver for the price quoted in the bid.

PERFORMANCE BOND

A Performance Bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract.

ADVANCED PAYMENT BONDS

Advance Payment Bonds are written statements given by the contractor that he will repay or settle the advanced cash paid by the owner related to contract.