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Bonding
Paris-Kirwan
provides many types of bonds. Some examples of the bond types
we offer are listed below:
Building & Construction Bonds
Bid Bonds Guarantees the principal will
provide the required performance and payment bonds, and the
job will be completed at the price given.
Performance Bonds
Guarantees the principal will perform the work in accordance
with the plans and specifications.
Payment Bonds Guarantees the
principal will pay labor, vendors and subcontractors for work
in connection with the contract.
Maintenance Bonds
Guarantees the principal will correct any defective materials
and/or workmanship discovered within a specified period of
time, usually one or two years.
Non-contract or Commercial Bonds
License and Permit Bonds Guarantees principal
will comply with codes or ordinances.
Miscellaneous Bonds
Guarantees against loss due to nonfeasance (failure to act),
malfeasance (wrongdoing/misconduct), and/or misfeasance (lawful
action in an illegal or improper manner) to strict financial
guarantees.
Supply Bonds Guarantees
delivery of a specific product in accordance with a contract.
These are performance bonds.
Court Bonds Guarantees
payment of a judgment against a principal, i.e. for defendant's
appeal bonds and release of lien bonds are among the most
common. NO BAIL BONDS are offered.
Probate Bonds
Guarantees executor, administrator or guardian of an estate
will fulfill their duties in the handling of a decedents
estate or in their capacity as guardian of a minor or incompetent
ward.
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