Benchmark bonds set performance standards for other bonds. This article covers their definition, operation, and examples that ...

There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

Performance bonds guarantee project completion, reducing investment risk. Investors can seek these bonds to secure against contractor failure. They provide a safety net, improving the reliability of ...

The Oklahoma Supreme Court has rejected a contractor’s performance bond claim due to the lack of adequate notice to the subcontractor’s surety (see Flintco LLC v. Total Installation Management ...

Performance Shipping Inc. has announced the successful placement of USD 100 million in bonds in the Nordic bond market, with plans for them to be listed on the Oslo Stock Exchange. These bonds, which ...