WARRANTY SUCCESS IN BUILDING AND CONSTRUCTION BIDDING PROCESS WITH BID BONDS



Discover The Surprise Prices And Repercussions Of Defaulting On A Performance Bond, And Find Out Why It's Important To Avoid This Costly Mistake

Article Writer-When a surety concerns a performance bond, it ensures that the principal (the party who acquires the bond) will accomplish their responsibilities under the bond's terms. If the principal falls short to meet these commitments and defaults on the bond, the surety is accountable for covering any losses or problems that result.1. Loss of

read more