Avoiding Performance Bond Claims on Disputed Contracts

  • September 14, 2021
  • Posted By: hmvreeland
  • Category: Bonds

What is a Performance Bond? A performance bond (or contract bond) guarantees satisfactory completion of a project according to the terms outlined in the contract. If a business or an individual hires a bonded contractor […]

What Does It Mean to Be ‘Bonded’?

  • August 16, 2021
  • Posted By: hmvreeland
  • Category: Bonds

You have likely heard the phrase that a business is licensed, bonded, and insured. While most people know what a business license and insurance means, many may not understand the term ‘bonded’. A bonded business […]