Huntersville

119 N. Maxwell Ave Huntersville, NC 28078 PH: (704) 948-7730
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111 Kilson Dr. Suite 202 Mooresville, NC 28117 PH: (704) 948-7730
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Contract Bond

Contract Bond (Glossary Word)

A contract between three parties. A surety principle applies for a bond from the surety, typically an insurance company, in order to assure an obligee, or project owner, that the principle has the capacity to perform according to the provisions of an agreement or contract yet to be fulfilled.


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