4 votes2 answers9 views
A surety will also want to see a detailed business plan, résumés of key personnel, and bank and credit references from a company seeking its first...
Questions tagged payment-bond
Payment bond: 2 questions across all categories.
2 questions
2 votes3 answers6 views
QuestionWhat is a payment bond, and does my sub get paid by the surety if I run out of money mid-job?
We picked up a school district roof replacement job, NAICS 238160. It's a firm-fixed-price contract. They asked for a performance and payment bond. I...