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Unsure About Surety Bonds?
March 4, 2019by Simon Fenn
Surety bonds are an important part of the construction industry and are quite often a core requirement for contractors. Bonds, and specifically Contract Surety Bonds, differ greatly from insurance in that they are three party agreements between the contractor (the ‘Principal’), the project owner to whom you are obligated to perform the work (the ‘Obligee’),...