What are Performance Bonds and Bid Bonds

What are Performance Bonds and Bid Bonds?

If you are in the construction industry and are bidding larger projects, you likely have already run into a “bond” requirement. Bid Bonds and Performance…

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What is Surety Bond?

What is a Surety Bond?

Simply stated, a Surety Bond guarantees the contractual obligations of a contracting entity (the “Contractor”) to the purchaser of their services (the “Owner”). In most…

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