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A Maintenance Bond or Warranty Bond is a type of contract surety bond. A maintenance bond guarantees that a project will remain free from defects for a certain period of time. If a defect does occur, a contractor must correct it during the maintenance period or a claim can be made against the bond.

 

Vice President at Axcess Surety
Vice President of Axcess Surety. Surety Bond and financial expert dedicated to helping businesses and individuals understand and obtain surety credit.
Josh Carson
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