Supply Bond / Supply & Install

Supply bonds cover performance of a contract to furnish supplies or materials. Federal law requires contractors to post a Supply surety bond for projects over $100,000. In the event of a default by the supplier, the surety indemnifies the purchaser of the supplies against the resulting loss. For example, when someone is purchasing goods from another, a supply contract bond will guarantee delivery to the purchaser at an agreed upon price. Supply bonds can be required by the law or a project owner to secure public construction projects.
 

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100 E. Sybelia Ave, Suite 375
Maitland, FL 32751

Main:(407) 644-4423
888:(888) 848-1787
Fax:(407) 628-1671

info@jalladinsurance.com