The Consequences Of Failing To Meet Performance Bond Commitments
https://www.wsj.com/articles/companies-test-a-new-type-of-esg-bond-with-fewer-restrictions-11601890200 Develop By-When a surety issues a performance bond, it assures that the principal (the party who buys the bond) will certainly fulfill their commitments under the bond's terms. If the primary falls short to fulfill these obligations and defaults