What are Bonds?
A bond (or surety) is a third party guarantee of performance. The three parties bound by surety contract are:
An insurance policy is when one party protects another party against losses due to an agreed upon risk. The surety typically guarantees an obligation for a government entity, but in today's economic climate, private business owners are more and more frequently requiring bonds. Banks are also requiring surety bonds as a condition of financing.
Keystone employs expert advisors that have unmatched training and experience, and possess the most thorough understanding of contractors' financial statements.
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