Knowing what a contract bond is helps contractors, project owners, and stakeholders understand how to secure performance and payment in construction or service agreements. These bonds are common in ...

Construction bonds are vital tools in the construction industry. A construction bond is an instrument arising out of suretyship law. A project owner may require a contractor to obtain one or more ...

With billions of pesos allocated to various infrastructure projects by the government, ensuring their efficient and effective implementation is not just a matter of good governance, but a sacred trust ...