Payment Bond

Payment Bonds are provided to the project owner by the contractor after a contract has been awarded. The Payment Bond is a guarantee that the contractor will cover bills for specific project labor and material.. A Payment Bond also acts as a guarantee to subcontractors and suppliers for payments due from the project owner.

Do you have questions about Payment Bond?

Contact an insurance specialist at Wilson, Timmons & Wallerstein Insurance, Inc. today to answer any questions about Payment Bond or for a free review and insurance quote for Payment Bond.

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