Businesses have to abide by the set rules and regulations especially when it comes to contract work. Bonds protect the parties if the job fails to meet the contract.  That is why bonds exist. Most contractors¸  do not think about bonding until a time comes when the projects they seek require bonding. Consequently, businesses willing to enter into a contract with corporations or the government should understand the workings of bonds.

Learn more about bonds by listening to this podcast. 

Websites:

FAR Part 28. http://farsite.hill.af.mil/vmfara.htm
FederalContractingMadeEasy.com
ByerlyEnterprises.com
Contact Nancy – nancy@byerlyenterprises.com
Phone: 801-440-8006

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