performance bond is a type of insurance purchased by a builder that protects both the bank and the owner by providing that the insurance company will be responsible for completing construction if the contractor fails to do so.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). performance bond. Retrieved September 21, 2026, from http://smartdefine.org/performance_bond/definitions/1160441 |
| Chicago | Barry Goldsmith. 2010. "performance bond" http://smartdefine.org/performance_bond/definitions/1160441 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, performance bond, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/performance_bond/definitions/1160441>. |
| MLA | Barry Goldsmith. "performance bond" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/performance_bond/definitions/1160441> |