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Performance Bond

Performance Bond

Ratings: (0)|Views: 48|Likes:
Published by RocketLawyer
A Performance Bond is an agreement where a contractor assures the owner that a project will be completed on-time and with quality work. The bond also guarantees that if the contractor fails to perform his duties as agreed, the owner will be paid for a loss up to the amount provided in the performance bond. A contractor usually provides the owner with a performance bond when awarded the contract.
A Performance Bond is an agreement where a contractor assures the owner that a project will be completed on-time and with quality work. The bond also guarantees that if the contractor fails to perform his duties as agreed, the owner will be paid for a loss up to the amount provided in the performance bond. A contractor usually provides the owner with a performance bond when awarded the contract.

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Published by: RocketLawyer on Jun 12, 2012
Copyright:Attribution Non-commercial

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12/29/2013

 
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c`rucf bclche `cueb jq gkg
,
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¡ Rdap ap cZk`nerFcxqez'`klFehcf Bk`ulegr ¡

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