The obligee:Theobligeeis an entity that requires a contractor to obtain a payment bond in order to be considered for a project. This is usually a federal or state agency, government or regulatory body. Why Payment Bonds Exist Though payment bonds may be obtained by contractors working on pri...
payment bondpayment bond A form of security purchased from an insurance company, which provides a guarantee that the contractor will pay the complete costs of labor, materials, and other services related to the project for which he is responsible under the contract for construction....
It is possible to obtain a non-surety bond even with bad credit. Non-surety bonds are a type of surety bond where the issuing company does not need to assess your credit before approving you forcoverage. This can be beneficial if you have bad credit or have difficulty qualifying for other...
Too bad you were not ready with your reply right then. Now you are coming back days later with your decision. You may have this job because your price is low in the first place. Hope you don't need the work, and you can go back with a request for a reasonable deposit - I'm thi...
the RIA or Money Gram payment receipt of $300 USD to the nominated courier company that will carry out with the delivery to your door step to be documented in your file as proof your collection. Ask Mr. Robert Bond for the instruction on how to send the delivery fee of $300 to him,...