The Importance of a Surety Bond in Construction Project.

tysllpBusiness News, Tax Accounting

SURETY Bonding

Construction companies planning to take a loan from a bank or work on a government project, will need a construction accounting expert to for a surety bond. A surety bond acts as a guarantee that the construction company will perform the work as agreed upon in the contract. In case of any default, the surety bond protects the obligee, which … Read More