bonds

A surety bond is a way to make sure that a contract is completed in the event of contractor default and is a way for contractors and project owners to protect themselves.   When a project owner, known as an obligee, seeks out a contractor, known as a principal, to fulfill a contract, it is […]

As a contractor, you know that a multitude of potential issues can prevent you from finishing a job as planned. And though you always try to perform in a professional manner, there are some circumstances that cannot be avoided. If this occurs, the project owner can take legal action to recover their losses. How can […]