Discover The Hidden Costs And Consequences Of Ignoring A Performance Bond, And Recognize Why It's Important To Steer Clear Of This Expensive Mistake
Staff Writer-When a surety problems an efficiency bond, it guarantees that the principal (the event that purchases the bond) will meet their commitments under the bond's terms. If the primary falls short to fulfill these commitments and defaults on the bond, the surety is responsible for covering any losses or damages that result.1. Loss of online