Financial Guarantees: Performance Bonds Vs. Payment Bonds - Recognizing The Distinction
Post Writer-You might not realize that performance bonds and repayment bonds play vital but distinct duties in building projects. While https://www.hcfcd.org/About/Harris-Countys-Flooding-History/Hurricane-Harvey/Kingwood-Information/Types-of-Drainage-Right-of-Way of bonds use economic security, their focus and beneficiaries differ considerably.