{"id":968,"date":"2023-06-29T16:25:14","date_gmt":"2023-06-29T20:25:14","guid":{"rendered":"https:\/\/parrotsuretyservices.com\/bonds\/performance-bond\/"},"modified":"2023-07-07T12:20:31","modified_gmt":"2023-07-07T16:20:31","slug":"performance-bond","status":"publish","type":"page","link":"https:\/\/parrotsuretyservices.com\/bonds\/performance-bond\/","title":{"rendered":"Performance Bond"},"content":{"rendered":"<h1>Performance Bond<\/h1>\n<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/2023\/07\/Performance-scaled.jpeg\" alt=\"\"><\/p>\n<h2>What is a Performance Bond?<\/h2>\n<div>\n<p>A Performance Bond is a type of Contract bond that ensures that a contractor will complete a project according to the contract terms.<\/p>\n<\/div>\n<p>\n    <a href=\"#apply\">Apply Now<\/a>\n<\/p>\n<ul>\n<li>\n<p>Purpose<\/p>\n<div>\n<p>Protects project owners against financial loss if the contractor fails to fulfill their obligations.\u00a0<\/p>\n<\/div>\n<\/li>\n<li>\n<p>Why You Need It<\/p>\n<div>\n<p>To hold contractors accountable and provide a financial safety net for project owners.\u00a0<\/p>\n<\/div>\n<\/li>\n<li>\n<p>Required Infromation<\/p>\n<div>\n<p>Contractor&#8217;s financial and credit history, project details, and contract amount.\u00a0<\/p>\n<\/div>\n<\/li>\n<li>\n<p>Bond Cost<\/p>\n<div>\n<p>Generally 1-3% of the contract amount, depending on the contractor&#8217;s creditworthiness and the project size.\u00a0<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/background-square-02.png\" alt=\"\"><br \/>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/background-square-04.png\" alt=\"\"><br \/>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/background-square-05.png\" alt=\"\"><\/p>\n<div>\n<h3>Get A Performance Bond\u00a0<\/h3>\n<div>\n<p>Fill out our short form and an agent will be right with you to get you set up with your Performance Bond!<\/p>\n<\/div>\n<\/div>\n<div>\n<p>    <script src=https:\/\/www.cognitoforms.com\/f\/seamless.js data-key=\"4fz4q2gRTESXzrWShCzvGQ\" data-form=\"2\"><\/script>\n<\/div>\n<hr>\n<p><!--more--><br \/>\n<!-- 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A Performance Bond is a type of Contract bond that ensures that a contractor will complete a project according to the contract terms. Apply Now Purpose Protects project owners against financial loss if the contractor fails to fulfill their obligations.\u00a0 Why You Need It To hold contractors accountable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":118,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/pages\/968"}],"collection":[{"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/comments?post=968"}],"version-history":[{"count":2,"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/pages\/968\/revisions"}],"predecessor-version":[{"id":1488,"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/pages\/968\/revisions\/1488"}],"up":[{"embeddable":true,"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/pages\/118"}],"wp:attachment":[{"href":"https:\/\/parrotsuretyservices.com\/wp-json\/wp\/v2\/media?parent=968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}