CASE STUDY: THE DUTY OF A REPAYMENT BOND IN MAINTAINING A BUILDING JOB



Performance Bonds Vs. Payment Bonds: What's The Distinction?

Article Created By-You may not understand that performance bonds and settlement bonds play critical yet distinct functions in construction projects. While both kinds of bonds use monetary security, their focus and beneficiaries vary dramatically. Recognizing the details functions and coverage variants between performance and payment bonds can help

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