Subcontractor Default Insurance: Pros & Cons for General Contractors
Levelset
APRIL 28, 2022
In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Halfway through the project, LA Plumbing has significant cash flow problems and they can no longer pay their vendors or employees. SDI is offered as an alternative to performance bonds. Other alternatives to SDI.
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