Surety Bond or Subcontractor Default Insurance?
•
0 likes•22 views
Using subcontractors gives a construction project a new dimension. Construction firms that can manage subcontractor risks, whether large or little, are significantly safer and more secure. Subcontractor defaults are common for contractors who do not manage risks. Subcontractors can manage subcontractor risks by posting a Surety Bond or obtaining a Subcontractor Default Insurance (SDI).
