Construction bonds play a vital role in any construction project. These bonds guarantee that almost all privately funded projects witness a smooth transition from construction financing to permanent financing. They also provide support to the contractor as well as ensure project completion. On public projects, surety bonds support pre-qualification of contractors, payment protection for subcontractors and contract completion protection for the public. Visit https://www.suretybondprofessionals.co... moreConstruction bonds play a vital role in any construction project. These bonds guarantee that almost all privately funded projects witness a smooth transition from construction financing to permanent financing. They also provide support to the contractor as well as ensure project completion. On public projects, surety bonds support pre-qualification of contractors, payment protection for subcontractors and contract completion protection for the public. Visit https://www.suretybondprofessionals.com/performance-payment-bonds
