About Bonds
About Bonds
Bondable
This means that the contractor’s capital, character & capacity have been analyzed by a surety underwriter, and that the surety underwriter has determined that the contractor can perform certain types of work within established parameters. Based upon that determination, a surety company who must be listed in the U.S. Treasury Department’s list of acceptable sureties, will issue surety bonds guaranteeing the contractors performance and/or payments within the resolved guidelines.
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October 20, 2013