Warranty Surety Bonds provided by The ProSure Group

Warranty Surety Bonds provided by The ProSure Group from Prosure Group

By: Prosure Group  01/11/2016
Keywords: Construction Bonds, Payment Bonds, Performance Bond

The ProSure Group provides warranty bond (also known as a maintenance bond) – which guarantees to the owner of the project that the contractor will solve all warranty issues during the specified warranty period. This period is usually 1 year from completion/acceptance of the project. The warranty period could be longer depending on the terms of the contract. If contractor is unable to solve the warranty issue or is not in business during the specified warranty period, the warranty bond provides the owner of the project with a remedy through this surety bond to fix the warranty issues.

Keywords: Construction Bonds, Contract Bond, Payment Bonds, Performance Bond, warranty bond, Warranty Bonds, Warranty Surety Bond,

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