Global Vantage: Difficulties obtaining performance bonds during the coronavirus pandemic and the hardening market September 2020 – Lexology

Global Vantage: Difficulties obtaining performance bonds during the coronavirus pandemic and the hardening market September 2020 – Lexology

Performance bonds help give clients confidence that if something goes wrong, work on their project will always be financially viable. Obligations to provide performance bonds are more common than ever in international construction contracts, with the increasing scale and complexity of these projects requiring clients to carefully manage their exposure to risk. However, in the […]

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