Identifying Performance Bonds From Payment Bonds: What Sets Them Apart?
https://titusbsjzp.liberty-blog.com/33967268/exactly-how-to-obtain-a-guaranty-bond-step-by-step-overview By-You may not understand that performance bonds and settlement bonds play crucial but distinct duties in building and construction projects. While both kinds of bonds use financial security, their focus and beneficiaries differ substantially.