Supply Bonds [VIDEO]

When you have a contract to supply certain items, a supply bond guarantees the buyer that the purchased items will be supplied. If the items are not delivered or the quality is not satisfactory, the supply bond provides the buyer with a means of recourse.  Please give...

Supply Bonds

Supply bonds are a type of contract bond. These bonds require a surety to guarantee a supplier will provide the proper materials needed as according to a contract. The entity requiring the materials is often a government or public body, but sometimes the entity is a...