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What else can I help you with?
Is a performance bond and warranty bond the same?
no
Do you get the performance bond money back?
No, the cost of a requested performance bond should be itemized in the proposal.
Order the events in the life of a bond from earliest to latest A bond maturity B bond issue C coupon payment?
1)bond issue 2)coupon payment 3)bond maturity
Who issues performance bond first seller or buyer?
Buyer is the one who is purchasing the goods from the seller...hence..the buyer must issue a non-operative PB to the seller...and the seller will issue an operative PB to activate the PB.
What is the difference between performance bond and performance bank guarantee?
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.
How to make performance bond?
There is not a way for the general public to make a performance bond. A performance bond is issued by an insurance company or a bank.
Is a performance bond and warranty bond the same?
no
Do you get the performance bond money back?
No, the cost of a requested performance bond should be itemized in the proposal.
Order the events in the life of a bond from earliest to latest A bond maturity B bond issue C coupon payment?
1)bond issue 2)coupon payment 3)bond maturity
Who issues performance bond first seller or buyer?
Buyer is the one who is purchasing the goods from the seller...hence..the buyer must issue a non-operative PB to the seller...and the seller will issue an operative PB to activate the PB.
Can performance bond be transferrable?
Performance bonds are typically not transferrable. When a contractor is replaced or a project changes hands, a new performance bond is usually required by the new party. The new party will need to apply for their own performance bond to replace the existing one.
If you have a project to redo your pool area and condo parking lot with pavers Do you need a performance bond?
A performance bond protects the association: an association would not be protecting the best interests of its investors if it hired a vendor with no performance bond.
What are sureties?
If you are asking what are the benefits built into a surety bond then the answer is the surety bond guarantees a specific performance or amount up to the penalty amount of the bond. If you are asking what the benefits of surety are then surety provides the recipient of the surety bond a level of assurance that the person or business entity providing the bond is qualified to perform the required act. This is accomplished by the surety's investigation of the Principal and evidenced by their agreement to issue the surety bond that encumbers the surety to the amount of the bond's penalty.
What is the difference between performance bond and performance bank guarantee?
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.
What are surety benefits?
If you are asking what are the benefits built into a surety bond then the answer is the surety bond guarantees a specific performance or amount up to the penalty amount of the bond. If you are asking what the benefits of surety are then surety provides the recipient of the surety bond a level of assurance that the person or business entity providing the bond is qualified to perform the required act. This is accomplished by the surety's investigation of the Principal and evidenced by their agreement to issue the surety bond that encumbers the surety to the amount of the bond's penalty.
What type of contractor's liability insurance covers incomplete or incorrect work?
That is not an insurance issue, it's a Bond issue. If the contractor isn't bonded and if you didn't specifically require a performance bond, he probably isn't bonded. You may be able to get pressure on him if you call the local building and zoning department or possibly the state department of business regulation that oversees contractors.
When are issuers more likely to call an outstanding bond issue?
If the bond is 'callable' th issue will likely call it when yields fall as they can then refinance more cheaply.
