Bid bonds are used when companies are bidding on jobs, primarily those provided by government or public entities. These bonds ...

India's budget has allocated ₹11.11 lakh crore for infrastructure development, focusing on industrial parks, housing, water ...

In India's rapidly growing construction and infrastructure landscape, securing contractual obligations is paramount.

States have dragged their feet on implementation while legal requirements of local surety to get bail have become major ...

During the Commissioner’s Court meeting on Nov. 19, Robert Hunter, Veterans Service Officer for Kaufman County, met with the ...

The city of Fayetteville has filed a lawsuit against a contractor that abandoned three city projects. This is what's in it.

A surety bond is a sort of promise that a company will follow through with its work as expected, with serious financial ...

A couple of years ago, a California court rendered an opinion that a surety is liable for attorney’s fees and costs even if the amount exceeds ...

and China State Construction and Engineering Corporation (CSCEC) Bahamas, to pledge both downtown Nassau resorts as security ...

After shutting down construction nearly two years ago, San Benito school district officials are planning to move the site of a $40 million bond-funded project to a new location, blaming building ...