SURETY BOND GUARANTEE PROGRAM. What is a Surety Bond? Agreement between: Business/Contractor Surety Company Obligee (Project Owner) The types of contract.
Surety Bonds are Mandated By Law on Public Works Projects Federal “Heard Act” (1894) & “Miller Act” (1935) Require performance & payment bonds for public.
Obtaining Surety Credit An Introduction to the Surety Process for Contractors & Subcontractors.
