What is the difference between a bid bond, a performance bond and a payment bond? Joseph Blanner – Partner at McCarthy, Leonard & Kaemmerer The three primary bonds that are purchased on construction projects are bid bonds, performance bonds and payment bonds. Over the years, I have spoken to contractors and owners and, in many […]
![CMP STL](https://cmpstlouis.com/wp-content/uploads/2017/10/qtq80-mUaIzF-1024x678-826x470.jpeg)