Secrets of Bonding 131

Free surety bonds. Is there anything better? Actually I can think of a couple of things right off BUT... are they good? Sure they are. Everybody likes free stuff. Trouble is, they're not always breezy free or easy. Sometimes they're a huge P.I.A. So let's get into maintenance bonds and learn the issues. The most common Maintenance Bond situation is a bonded public or private contract. The specification stipulates there must be a 100% (of the contract amount) Performance and Payment Bond plus a Maintenance Bond, which is often for a lesser amount, maybe 20% of the contract price. The maintenance bond covers the completed work for defective materials and workmanship, for a specified period of time. 5qjYikwN
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