The Consequences Of Falling Short To Fulfill Performance Bond Obligations
https://www.insurancejournal.com/news/east/2017/12/05/473189.htm -When a surety issues a performance bond, it assures that the principal (the event who buys the bond) will certainly accomplish their responsibilities under the bond's terms. If the principal falls short to satisfy these commitments and defaults on the bond, the surety is accountable