Discover The Unexpected Costs And Effects Of Ignoring A Performance Bond, And Understand Why It's Necessary To Avoid This Pricey Blunder
what is a contractors bond -When a guaranty issues a performance bond, it ensures that the principal (the event who purchases the bond) will meet their commitments under the bond's terms. If the principal stops working to fulfill these responsibilities and defaults on the bond, the guaranty is accountable for covering any losses or problems that re