Construction bonds are vital tools in the construction industry. A construction bond is an instrument arising out of suretyship law. A project owner may require a contractor to obtain one or more ...
Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
The top two municipal bond insurers wrapped over $41.828 billion in 2025, up from $41.166 billion in 2024, data shows.
Construction bonds ensure project completion and quality, protecting owners if a contractor fails. Contractors must provide financials and project details to secure bonds. Multiple bond types cover ...
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