This infographic titled ‘All About Contractor Surety Bonds’ provides us with an overview of the bond, who it protects and how you can get a bond quickly. It is aimed at contractors who are looking to buy the bond, giving them concise, but quick information.
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The infographic “An Insight into Commercial Surety Bonds” describes the aspects of commercial surety bonds. It lists various types of commercial bonds with examples and costs. Commercial surety bonds are often required by government agencies at the federal, state, or local level. Continue reading Infographic : Types of Commercial Surety Bonds Explained
The infographic titled “A Few Types of Commercial Surety Bonds” details various types of commercial surety bonds. Commercial surety bonds are required to satisfy or guarantee governmental legislation, fiduciary obligations, and private contractual responsibilities of the applicant or the principal under the bond. Continue reading Infographic : An Insight into Different Types of Commercial Surety Bonds
The infographic “Learn All About Construction Bond Claims” describes the important details about construction bond claim, like the definition, what a claim includes, and the things related to sending a construction bond notice. A construction bond claim is used to claim payment on a state, county, or municipal construction project. It is important to know that the lien rights do not apply to state-owned property, as the state government won’t permit anyone to foreclose on its land. Continue reading Infographic : Things You Must Know About Construction Bond Claims
The infographic titled “Things to Know about Performance Bond for Construction”, presented by NHC, is designed with intent to provide the basic knowledge and understanding of performance bond in construction projects. These types of surety bonds are usually geared towards the construction and manufacturing sectors and other forms of construction projects. A performance bond is used to insure the project owner against the risk of contractor’s failure to fulfill the contractual responsibilities to the project owner. Continue reading Infographic : An Insight into Performance Bond for Construction
