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Ask the Engineer: To Bond, or Not to Bond?

Financial risk is always associated with construction projects, which often involve significant investment and a high level of coordination of several parties for successful completion. As a…

Tags: Ask the Engineer, Bonding, construction projects, contractors, Labor and Materials Bond, Performance Bonds, RAND, RAND Engineering & Architecture, retainage
Ask Our Experts: Construction Contracts

Once the various elements of a construction project are in place—the budget and timeline have been approved, the contractor selected, and work permits obtained—the remaining step…

Tags: Construction, construction contracts, contractors, RAND, RAND Architecture & Engineering