What is a construction bond? - Contractor provides a bond to the Owner in order to give assurance that, provided the Contractor is the successful bidder
There are 3 common types of construction bonding, Bid, Performance, & Payment Bonds
CH typically requires a Performance Bond from the Pool Contractor when Pool Contractor is a subcontractor.
When the Pool Contractor is prime contractor or holds their contract directly with Owner, CH to require a Bid Bond.
CH spec regarding bonding is to not only qualify that the swimming pool contractor has the technical ability but to confirm they have the financial ability
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