DIRECT COST SAVINGS TO PROGRAM SPONSORS Since the CDABP ’ s inception , program sponsors have captured $ 11.6 million in contract cost savings because a CDABP-enrolled contractor , who would not have been able to participate without the program ’ s bonding support , bid on and was awarded a sponsor contract . This cost savings is the difference between the actual awarded contract amount and the amount of the second lowest bid ; the second lowest bid amount is the contract cost that the sponsor would have incurred had the enrolled CDABP contractor not been able to submit a bid .
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