![]() Bonded parties must pay for bonds and any valid claims.Insurers will work together with financial institutions to share risk information which will assist in releasing liquidity in the infrastructure space without compromising on risk aspects. This will enable the efficient use of working capital and reduce the requirement of collateral to be provided by construction companies. The Surety bonds will assist in developing an alternative to bank guarantees for construction projects. ![]() The large liquidity and funding requirements of the infrastructure sector can be addressed with surety bonds.
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