Secrets of Bonding 74: Twofers

A Basic Question - Talk to the experts, and you may get different answers to this extremely basic question: "What is the maximum potential loss for the surety on a Performance and Payment Bond?" If you have experience producing surety bonds, you know that a 100% Performance Bond (equal in amount to the contract) is priced based on the contract amount. If the bond rate is 2... ..»

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