Notas del episodio
On this episode of Send It, JC breaks down the financial backbone of the construction industry: The Surety Bond.
We are covering Chapter 9 and the second half of Module 4. Most people confuse bonds with insurance, but they are opposites. Insurance pays for your accidents; Bonds guarantee your word—and if you break it, you pay the Surety back.
Palabras clave
Construction Contracts
Construction Management
CM4210
Miller Act
Bid Bond
Payment Bond
Performance Bond
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