Guest Blog – 5 Common Misconceptions About Surety Bonds
Construction Law Monitor
APRIL 15, 2015
For example, between 2002 and 2013, sureties have covered more than $13 billion in claims, which do not include additional claim expenses that also go in the billions. Sometimes they finance contractors through tough times, especially if they have a well-built long-term relationship. However, this isn’t always the case.
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