Bid security, retention, and LDs: numbers that change your cash plan
Cash-neutral bids are rare once you add performance security, retention, and advance repayment guarantees.
Bid bonds
Note validity beyond award, currency, and whether an unconditional on-demand wording is acceptable to your bank.
Retention and LD caps
Check cumulative caps on liquidated damages and whether they interact with termination for default.
Model monthly cash flow with these deductions before you lock your price.
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