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Article by-Ebbesen McGrathDid you know that performance bonds are an essential element of numerous markets, making certain that projects are completed as guaranteed?Actually, according to a recent survey, over 80% of construction projects require efficiency bonds.Whether you're a contractor, designer, or task owner, understanding efficiency bonds i
Uploaded By-Hay SilverDid you know that over 50% of guaranty bond insurance claims are filed due to unmet commitments? When you enter into a guaranty bond contract, both parties have particular responsibilities to fulfill. But what happens when those obligations are not met?In this article, we will explore the guaranty bond insurance claim process,