Defaulting On An Efficiency Bond Can Have Significant Economic Consequences.This Can Result In A Variety Of Financial Effects, Including:
https://globalarbitrationreview.com/guide/the-guide-construction-arbitration/fourth-edition/article/interim-relief-including-emergency-arbitrators-in-construction-arbitration -When a guaranty problems a performance bond, it assures that the principal (the party that purchases the bond) will accomplish their commitments under the bond's terms. If th