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VERY 4162020Advertise Date: Friday, May 29, 2020Lee County Board of County Commissioners DIVISION OF PROCUREMENT MANAGEMENT Request for Proposal (RFP) NONCCNA Solicitation No.: RFP200298JJB Solicitation

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What is jake bond?

A jake bond is a type of financial instrument that guarantees the performance of a contract or obligation.

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Parties involved in a contract or agreement may be required to file a jake bond.

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To fill out a jake bond, individuals must provide information about the contract or obligation being guaranteed.

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The purpose of a jake bond is to ensure that the terms of a contract are fulfilled.

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Information such as the amount guaranteed, terms of the contract, and parties involved must be reported on a jake bond.

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