A guarantee of the faithful performance of a construction contract and usually the payment of all labor and material bills related to it. In those situations where two bonds are required – one to cover performance and the other to cover payment of labor and materials – the former is known as a performance bond, and the latter as a payment bond.
Contract Bond
Surety Bond Resources
Ever wondered what happens when you don’t have a title for your vehicle? Understanding bonded titles is crucial for vehicle...
What is aNotary Bond? The Essential Guide to Prevent Risk What is a Notary Bond? Discover the importance of notary...
Think a surety bond works like insurance? It doesn’t. You pay, but you’re still responsible. What is a surety bond?...
Questions?
Leo semper aliquet conubia nam aenean non iaculis egestas condimentum cursus nascetur, dignissim at imperdiet maecenas dapibus convallis tempus aliquam primis tincidunt faucibus, ultrices potenti quis mattis.
