Contractors has to be bonded

来源: 柠檬椰子汁 2022-01-05 07:34:56 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (1888 bytes)

"contractor拿了钱,活干了一小部分,宣布破产"

https://www.investopedia.com/terms/p/performancebond.asp#:~:text=A%20performance%20bond%20is%20issued,obligations%20specified%20in%20the%20contract.&text=A%20performance%20bond%20is%20usually,a%20contractor%20completes%20designated%20projects.

What Is a Performance Bond?

A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond. A performance bond is usually provided by a bank or an insurance company to make sure a contractor completes designated projects.

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