Arkansas Performance and Payment Bond

Arkansas Performance and Payment Bond
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State:
Arkansas
Control #:
AR-LR119T
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Description

A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor.

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FAQ

How does performance bond work?

What is a surety performance bond?

What is the difference between a surety bond and a performance bond?

What happens when a performance bond is called?

How do you collect on a performance bond?

How much does a payment and performance bond cost?

Who pays for a performance bond?

What is a performance and payment bond?

How do I obtain a performance bond?

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