☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Surety (Construction)

A company that provides bonds guaranteeing the contractor's performance and payment obligations — the surety is jointly liable with the contractor if the contractor defaults.

Category: Construction Law
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: