About this document

Understanding Construction Bonds by Anthony John Santidad is a document available to read on EtoBox.

A construction bond is a type of surety bond that protects investors in construction projects from financial losses due to a contractor failing to complete a project or meet specifications. There are typically three parties involved - the project owner, the contractor, and a surety company that guarantees the bond. The main types of construction bonds are bid bonds, performance bonds, and payment bonds.

Author

Anthony John Santidad

Language

EN