Which of the following is NOT a type of bond?

The correct choice is indeed a liability bond as it is not classified as a type of bond in the context of construction or contract work. Performance bonds, payment bonds, and bid bonds are all specific types of bonds that serve distinct purposes within contracting.

A performance bond guarantees that a contractor will complete the project according to the contract's terms and conditions. It protects the project owner from losses if the contractor fails to meet these obligations.

A payment bond ensures that the contractor pays all subcontractors and suppliers involved in the project. This bond provides financial protection to those who provide services or materials, guaranteeing they will receive payment.

A bid bond is submitted with a contractor's proposal and ensures that the contractor will accept the contract if selected. It protects the project owner from the risk of a contractor backing out after winning the bid.

In contrast, while liability insurance is significant for contractors to protect themselves against damages or injuries that occur during a project, it is not classified as a bond. Therefore, the option referring to liability bond is correctly identified as the one that does not fit within the typical categories of bonds relevant to lead abatement or contracting work.