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 […]