There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the company or government entity can’t repay the debt as promised, the bond ...

Performance bonds guarantee project completion, reducing investment risk. Investors can seek these bonds to secure against contractor failure. They provide a safety net, improving the reliability of ...

Nigeria’s Bureau of Public Procurement (BPP) could double its N1.1 trillion savings, recovered last year by tightening ...

Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...

While municipal issuance ended 2023 slightly down, demand for bond insurance continued to grow in 2023 as market participants turned to it for investor confidence, increased market liquidity and ...