This document explains how an architect who understands the benefits of bonding construction contracts is better prepared to advise owners how surety bonds help ensure successful contract performance and build strong reputations. These 30 Q&As explain the benefits of bonds and how they play an essential role in the construction risk management process.
Topic
Contract Surety, Questions and Answers
Publish Date
November 20, 2024
Audience
Agents, Architects, Sureties
Resource Type
White Paper
Project Owners Beware – Don’t Eliminate Prime Bonds in Favor of Dual Obligee Status on Subcontract Bonds