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

What is Understanding Construction Bonds about?

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