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Surety Bonds: Boosting Confidence in Project Performance

A Surety Bond is a three-party agreement that serves as a guarantee from the surety to the obligee (the project owner). The essence of this agreement is to affirm the capability of the principal (the contractor) to fulfill the contract requirements as outlined in the contract documents.

The performance of the contract, which forms the crux of the bond, dictates the rights and responsibilities of both the surety and the obligee.

Discover the Eight Families of Surety Bonds:

-Fidelity Bonds
-Public Official Bonds
-Judicial Bonds
-Fiduciary Bonds
-License and Permit Bonds
-Contract Bonds (Bid and Performance Bonds)
-Miscellaneous and Federal Bonds
-Notary Bonds

With this diverse range of surety bonds at your disposal, you can ensure a smooth and reliable path towards project success.

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