A performance bond guarantees that the contractor awarded a construction project will complete the job.
Since the cost of a performance bond must be absorbed in the bid and is based upon the bond underwriter’s evaluation of the company’s risk for non-performance, guidance from performance bond experts like the agents at HCDT is valuable. HCDT can show you how to maximize your company’s bonding capacity and minimize surety bond costs.
Take advantage of the HCDT Risk Management Planning service. We’ll help you analyze your company’s risk from both a contractor bond perspective and a business insurance standpoint.
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