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Article Composed By-Hay MichelsenDid you know that over 50% of surety bond claims are filed due to unmet responsibilities? When you become part of a guaranty bond contract, both celebrations have specific duties to satisfy. But what occurs when those commitments are not satisfied?In this article, we will explore the guaranty bond insurance claim pr
Article writer-Bennetsen McCullochHave you ever questioned exactly how the federal government ensures that service providers meet their obligations when undertaking large-scale jobs? Well, the solution hinges on performance bonds. These bonds play an important role in government contracts, giving a layer of protection for both the government and th
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