Performance
A performance bond is callable on a default, not on a delay you dislike
Exclusive BX Meridian memo on a performance bond: the figure, the condition, and the instruction.
Surety
Bonds, indemnities, and the project that can call them.
Payment
A payment bond pays the people the statute names
Exclusive BX Meridian memo on a payment bond: the figure, the condition, and the instruction.
Bid
A bid bond is the price of walking away from a bid
Exclusive BX Meridian memo on a bid bond: the figure, the condition, and the instruction.
Indemnity
The indemnity behind a bond is the real collateral
Exclusive BX Meridian memo on a general indemnity agreement: the figure, the condition, and the instruction.
Warranty
A warranty bond outlives substantial completion
Exclusive BX Meridian memo on a warranty bond: the figure, the condition, and the instruction.
Subdivision
A subdivision bond is a promise to finish public work
Exclusive BX Meridian memo on a subdivision bond: the figure, the condition, and the instruction.
Court
A court bond buys time, and it has a premium
Exclusive BX Meridian memo on an appeal bond: the figure, the condition, and the instruction.
License
A license bond is a condition of staying open
Exclusive BX Meridian memo on a license and permit bond: the figure, the condition, and the instruction.
Premium
Bond premium follows contract price, and the price changes
Exclusive BX Meridian memo on a bond premium audit: the figure, the condition, and the instruction.
Co-surety
Co-sureties share a loss only as the agreement says
Exclusive BX Meridian memo on a co-surety agreement: the figure, the condition, and the instruction.