Learn how performance bonds work as a contract guarantee, the roles of the parties involved, and the advantages and potential ...

A recent decision from the D.C. Circuit Court of Appeals provides notice to construction performance bond owners and sureties that a bond owner may forfeit its rights under a bond if timely notice of ...

Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that come along with the construction industry. A surety bond is an agreement ...

Placing concrete requires specialized skills and equipment. The licensing requirements for concrete contractors vary from state to state. In some states, concrete contractors need a specific license ...

Little Debbie's parent company is taking Liberty Mutual to court, saying the insurer hasn't fully met its obligations on ...

Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...

The most common types of surety bonds that a construction contractor will run into other than their contractors license bond are bid bonds, performance bonds, and payment bonds. All of these bonds ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Surety bonds assure project owners that a contractor can complete a project according to contract specifications. Requiring a surety bond on a project helps prequalify contracting firms based on their ...

The Coal Ministry has recognised Insurance Surety Bonds as an acceptable alternative to bank guarantees for bid security and performance security.

BOSTON, July 20, 2022 (GLOBE NEWSWIRE) -- Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Bonds, Inc., a specialist in ...

Emerging markets across the Global South are entering a decisive decade for infrastructure. Governments from India to Africa to UAE are all committing unprecedented capital toward transport, energy, ...