What is the bonding cost for a class "B" contract of $900,000?

To determine the bonding cost for a class "B" contract valued at $900,000, one must refer to the specific bonding rates that apply to different classes of contracts. For class "B" contracts, the bonding rate is generally structured as a certain percentage of the contract value, usually with a minimum threshold.

In this instance, if we assume that the bonding cost is calculated based on common industry standards, the cost typically ranges around a predetermined percentage up to specified thresholds. If the bonding rate for a class "B" contract is set at a rate that aligns with $12,500 for a $900,000 contract, then that amount would be correctly identified as the bonding cost.

This figure reflects both the financial responsibility connected to the contract size and the considerations necessary to ensure compliance with bonding requirements. In scenarios where bonding is mandated, this figure serves to protect parties involved in the contract, ensuring that the contractor fulfills their obligations.

It’s crucial to note that while other options may appear viable, they likely do not correspond as accurately to the established bonding rates applicable to class "B" contracts when calculated against the $900,000 contract value. This is why $12,500 is the appropriate representation of the bonding cost in this specific context.