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Performance Bond Frequently Asked Questions

In this article, we tackle Performance Bond frequently asked questions. Performance Bonds don’t have to be confusing and we are always available to educate anyone on the process. What is a Performance Bond? A Performance Bond is a type of contract (construction) surety bond. It is a three-way guarantee where the third-party bond company guarantees […]

Everything Contractors Need to Know about Bid Bonds in 2020

Hello, and welcome back to Work in Progress. My name is Ben Williams with MG Surety Bonds, and this is our show dedicated to surety bonding and all things construction. Today we’re going back to the basics to talk about one of the most common types of contract surety bonds, which of course are bid […]