Performance bonds guarantee project completion, reducing investment risk. Investors can seek these bonds to secure against contractor failure. They provide a safety net, improving the reliability of ...

Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...

There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the company or government entity can’t repay the debt as promised, the bond ...

The most common types of surety bonds that a construction contractor will run into other than their contractors license bond are bid bonds, performance bonds, and payment bonds. All of these bonds ...

The catastrophe bond market experienced its third consecutive year of double-digit returns in 2025, with perhaps the most ...

Scott Mollen discusses "JDS Dev. LLC v. Parkside Constr. Bldrs. Corp.," and Levy v. NYS Div. of Hous. & Community Renewal." Construction—Performance Bond—Noncompliance With Condition Precedent Bars ...