It is in this context that surety bonds have begun to attract attention—not as a financial innovation, but as a structural rethinking of how project risk is allocated.
Is Your Entity in Compliance? Most durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) suppliers must maintain a $50,000 surety bond for each location it has enrolled in Medicare, ...
Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...