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Payment and Performance Bonds are used during construction projects. These bonds do not protect the contractor, but instead protect the contractor’s clients and/or subcontractors.
Performance Bonds guarantee that a contractor will perform and fulfill the contracted project within budget and on time. Payment Bonds guarantee that laborers, suppliers, and subcontractors get paid for their work and materials.
“Both Valerie and Steve have become crucial parts of our team in providing quick and accurate Bid/Performance/Payments bonds for all our public work projects. Their attention to detail and willingness to go the extra step has proven to be invaluable in both our general contracting firm and the Owners we work with. Their competitive pricing, excellent rating and amazing staff will keep us life long customers.” -Elizabeth Davenport
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