Use this screen to maintain the various types of bonds held by subcontractors. Two types of subcontractor bonds are predefined in Costpoint:
Bid
Performance
You cannot edit or delete these types. Use this screen to add a new subcontractor bond. Not all subcontractors are required to carry bonds. To learn more about subcontractors, see Subcontractors.
This column displays the predefined bond type IDs. If you need a bond type other than one of the Costpoint-defined types, add a new line and enter a new bond type.
If you enter a new bond type in the Bond Type field, enter text in this field to define the bond type description. For predefined types, this column displays the Costpoint-defined description.