Read the latest news regarding Commercial, License, Permit, Contract, Court and Fidelity Surety Bonds, and how upcoming changes will affect your business. Check out our glossary page for more information on Surety Bond terminology.
If you’re a contractor bidding on public or private construction projects, you’ve probably heard the terms performance bond and payment bond. While these two types of surety bonds are often required together, they serve different purposes and may be issued separately depending on the project. Before you bid on a project, review our guide to … Continue reading “What Is a Performance and Payment Bond?”
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