0
There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do you record interest and payment on a bond issued at a premium?
The bond price exceeds the par price when issued at a premium and declines to the par value as it gets closer to maturity. Yes. If the bid spread is significant, and or if the financial situation of the contractor changes beyond the comfort level of the surety between the bid and award, or if the final bond is contingent..
What stage of accounting is the bid for accrued expenditures unpaid?
"U" is the answer
What is the BID identifyier for the Accrued expenditures paid stage of accounting?
E
What is the balance identifier BID for the accrued expenditures paid AEP stage of accounting is?
"E"
The balance identifier BID for the undelivered orders outstanding UOO stage of accounting is?
Not "d"
If issued a bid bond can surety not issue a payment bond?
Yes. If the bid spread is significant, and or if the financial situation of the contractor changes beyond the comfort level of the surety between the bid and award, or if the final bond is contingent on receiving info.
When do you purchase bid bond?
Bid Bond is issued to bid goods receiving company for guarrantee of goods delivery, and confirmation of prices for the particular project.
What term is there for a difference between Bid and Ask pricing measured in pips?
The term for the difference between Bid and Ask pricing measured in pips is called the "spread." It represents the transaction cost for trading a financial instrument.
Explain the difference between bid and q12h?
hi there its the same, i.e. bid=q12h tid=q8h qid=q6h
What is Difference between bid bond and performance bond?
<p><p> For example, the government may have a project to build a new road and since it does not really have the capability to build it, they may bid out the project to the public. After publishing the project, it may require contractors to signify their intention to do the project by submitting a "bid bond." After several contractors have bidded for the project (through submitting a bid bond), the project proponent will then choose and announce the winning bidder. Once the winning bidder has been announced, it will then require the winner to submit a performance bond. Other bid bonds submitted by losing bidders will just die a natural death. However,for the winning bidder, this "bid bond" will now be replaced by a "performance bond. Essentially, this "performance bond" assures the project proponent project completion. As stipulated in a written agreement, throughout the project, there will be certain milestones that the contractor will have to meet, failing which, there shall be corresponding penalties due the project proponent. On a worst case scenario, the contract can be rescinded and may be given to another contractor.
Is bid Bond refundable and when?
The bid Bond is refundable to losers when the contract is awarded. It is a bank guarantee of a specified value issued by the guarantee to the seller such that he cannot withdraw his bid from the tendering process.
If you use a bid bond and do not get awarded the contract do you get your money back?
No. The bid bond performed its function - allowing you to bid. This is why bid bonds are inexpensive. Had you been awarded the contract you would then need another bond, a "performance bond". This bond would be an extension of the bid bond and be priced equivalent to the value of the project. Yes. The above is incorrect atleast in the architecture/construction industry. Architectural handbook of professional practice 14 edition as reference. It is simply to insure a bidders intent to enter into contract if awarded the contract, and protect the owner if the bidder withdraws their bid
What is mean by security deposit and earnest money?
A bid bond is an indemnity bond where it waives the right of the offeror to go back on his proposal once it has been given to offeree. Also through this bond a public agency is protected in case the bidder withdraws his bid before contest or declines to enter into contract on its acceptance.It must be distinguished from earnest money which is for the purpose of showing seriousness to participate in the bid. It is commonly called token money.
What is the difference between bid and tender?
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
How do you record interest and payment on a bond issued at a premium?
The bond price exceeds the par price when issued at a premium and declines to the par value as it gets closer to maturity. Yes. If the bid spread is significant, and or if the financial situation of the contractor changes beyond the comfort level of the surety between the bid and award, or if the final bond is contingent..
Difference between the bid price and offer price?
The ''bid price'' is the price at which an investor can sell the securities he/she holds. The ''offer price is the price at which an investor can buy securities.
What is the difference between bid size and ask size in the stock market?
The bid size is how many shares a buyer wants to buy. The ask size is how many shares a seller wants to sell.
