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Welcome,
My Account
Education & Careers
SuretyLearn
Surety Schools & Workshops
Virtual Seminars
Online CE
5-15 Leadership
Make Surety A Career
SuretyJobs
Why Surety
New to Surety
Experienced Surety Professionals
Networking & Events
Upcoming Events
Find Any Member
Find a Surety
Annual Meeting
Sponsorship Opportunities
Fall Meetings
NASBP 2025 West Meeting
NASBP 2025 East Meeting
Sponsorship Opportunities
Mid-Year Board Meeting
Legislative Fly-In
Surety Schools & Workshops
Virtual Seminars
Awards
News & Resources
News Library
Pipeline
Focal Point
Surety Bond Quarterly
Podcasts
NASBP SmartBrief
Commercial Surety
Contract Surety
Be Guaranteed to Succeed
Resource Library
Bond Forms, Process Forms & Resources
Advocacy
Advocacy Maps
Government Relations
Focal Point
2025 NASBP Government Relations Agenda
Position Briefs
NASBP SuretyPAC
Legislative Fly-In
BEAD Program Surety Bond Information Kit
Get a Bond
Find a Surety Pro
Bonding Resources
For Contractors
For Owners
For Architects
For Lenders
Be Guaranteed to Succeed
SuretyLearn for Contractors
About
About NASBP
Executive Committee
NASBP Directors
Committee Chairs
Past Presidents
NASBP Attorney Advisory Council
Certified Public Accountant Advisory Council
NASBP Staff
Antitrust Policy & Bylaws
AI Use at NASBP Meetings Policy
About Surety Bonding
Committees
Membership
Membership Benefits
Discounts for New Memberships
Member Recruitment Recognition
Retired Surety Professionals
Find Any Member
Find a Surety Pro
Contact Us
Join NASBP
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Resource
Why Is a Performance Bond a Project Owner’s Best Friend?
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/ Why Is a Performance Bond a Project Owner’s Best Friend?
NASBP Blog Post
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Topic
Performance Bond
Publish Date
November 20, 2024
Audience
Owners
Resource Type
Article
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Project Owners Beware – Don’t Eliminate Prime Bonds in Favor of Dual Obligee Status on Subcontract Bonds