Performance Bond Surety

  • PROPERLY TRIGGER THE PERFORMANCE BOND

    … A performance bond is a valuable tool designed to guarantee the performance of the principal of the contract made part of the bond. But, it is only a valuable tool if the obligee (entity the bond is designed to benefit) understands that it needs to properly trigger the performance bond if it is looking to the bond (surety) to remedy and pay…

    Florida Construction Legal Updates- 16 readers -
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