A performance bond is a written guarantee from a surety that promises a project owner that the contractor with the winning bid is able to fulfill their duties as outlined in their contract. This provides security that the contractor will perform all of its obligations under the contract.
Since our foundation in 2009, Ferrari & Associates has been managing performance bonds for our clients, assisting them in leveraging their projects and relationships with project organizers. By taking out a performance bond with Ferrari & Associates, our clients embark on their assignments with security and confidence. To learn more about performance bonds and to discover how Ferrari & Associates can work with you on your next bid, connect with us today to schedule an appointment at one of our two convenient locations with a trusted Ferrari & Associates surety advisor. They will chat one-on-one with you to explain the use of a performance bond and how it might positively influence your role in an upcoming project.