What You Should Know About Surety Bond Indemnity Agreement

Signing an indemnity agreement is a standard procedure when obtaining a surety bond. It is second to the last step in the bond process – just right before the bond is issued. As the word suggests, indemnity means protection or … Continued

Retention Bond vs Performance Bond: What’s the Difference?

posted in: Blog, Construction Bonds | 4

State statutes require contractors working on public projects in the United States to post different types of construction surety bonds. One of the most available and common types of surety bond is the Performance Bond where it guarantees that the … Continued