Hey everyone,
I'm trying to better understand the different types of construction bonds, and I keep seeing subdivision bonds and performance bonds mentioned.
They sound somewhat similar, but I'm guessing they serve different purposes.
What's the key difference between a subdivision bond vs performance bond (https://axcess-surety.com/construction-bonds/subdivision-bonds/)?
If anyone has experience dealing with either (or both), I'd appreciate your insight!
Jackkyle