Identifying Performance Bonds From Settlement Bonds: What Establishes Them Apart?
https://insurancenewsnet.com/oarticle/nfp-acquires-olson-olson-insurance-services-inc-broadening-its-solutions-in-the-western-us -You may not recognize that performance bonds and payment bonds play critical yet distinct functions in building and construction jobs. While both types of bonds supply monetary safety, their focus and beneficiaries vary