Surety Bond Fundamentals for Canadian Construction Projects, Webinar
Construction is known to be a risky business, especially in today’s climate with the ongoing effects of the COVID-19 pandemic, labour shortages and supply-chain disruptions. These issues can have a significant impact on a construction project and business. A tool that may be available to mitigate these risks are surety bonds. One of the least-understood financial instruments, surety bonds are typically issued by insurance companies, however, bonds are not insurance products and come with their own body of case law. During this session, our speakers will cover the main contract surety products: the bid bond, the labour and material payment bond and the performance bond. This will include practical advice for prosecuting and defending bond claims, consideration of the various forms of bonds available in the Canadian marketplace and a discussion of current surety bond issues.
Register Here: https://www.eventbrite.com/e/surety-bond-fundamentals-for-canadian-construction-projects-tickets-336679265747
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