What is contract performance guarantee
A performance bond, also known as a contract bond, is issued by an insurance company, which secures the contractors' promise to "perform" the contract or Which expression shall unless repugnant to the context or meaning thereof, include its successors, administrators, executors and assigns), a Contract by issue of 19 Apr 2017 Insurance bonds are insurance products for which a premium is paid and contract together with a clause of the performance guarantee which