Construction bonds are a type of surety bond posted by parties in a construction project to guarantee compliance with their contractual and legal obligations. If the bonded party fails to perform, the construction bond can protect the other parties on the project.
Pallett Valo lawyers have experience dealing with bond claims once there has been a default. We have helped clients with bid bonds, labour and material payment bonds, performance bonds, construction lien bonds, and holdback repayment bonds.