The rise of the performance bond on a private project – Reevaluating whether it is a sound decision, New York Real Estate Journal

By Andrew L. Richards
(February 28, 2012)

Like everything else,though, the current down economic climate has caused private owners, regardless of project size, to reevaluate whether it is sound business judgment to engage in a construction project without first requiring contractors to secure a performance bond.

Read more at the full article.