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Month: April 2019

Objectives, scope and operation of the compliance bond

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When signing a contract, it is essential to ensure that the obligations established therein are carried out in a timely manner. Doing so through a compliance bond will always be the best option, since it works as a guarantee instrument that ensures that the work in question is carried out correctly. The compliance bond belongs […]

What is a bonding company and how do its issuance processes work?

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    The bondholders, are institutions that through the bonds, are aimed at ensuring compliance with an obligation or contract. The bond is a guarantee instrument that assures the beneficiary of the policy that in case the guarantor (supplier, client or company) fails to comply with the agreement, there will be a joint and several […]