Legal and Regulatory

How Performance Bonds Work in Construction

A performance bond guarantees a contractor's performance under a contract. Here’s an overview of why they are required and how they work.
By Todd Bryant
April 13, 2019
Topics
Legal and Regulatory
by Todd Bryant
Todd Bryant is the president and founder of Bryant Surety Bonds. He is a surety bonds expert with years of experience in helping contractors get bonded and start their business.

Related stories

Legal and Regulatory
Executive Insights 2025: Leaders in Construction Law Cover Art

Executive Insights 2025: Leaders in Construction Law

By Construction Executive
From tariffs to liquidating assets, leading construction attorneys answer this year's most pressing questions.
Legal and Regulatory
Navigating Tariffs in Today's Construction Landscape—But Stay Tuned for Tomorrow Cover Art

Navigating Tariffs in Today's Construction Landscape—But Stay Tuned for Tomorrow

By Christopher Barnett
No matter what the tariffs do tomorrow, there are things that contractors must be aware of today.
Legal and Regulatory
Judge Favors Special Interests on Federal Infrastructure, a Loss for Taxpayers and the Nonunion Construction Industry Cover Art

Judge Favors Special Interests on Federal Infrastructure, a Loss for Taxpayers and the Nonunion Construction Industry

By ABC
ABC responds to reinstatement of PLAs on certain DOD and GSA contracts.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.