IISA – Introduction to Canada’s Surety Bonding System

July 14, 2023 | Last updated on September 10, 2024
1 min read

How much do you know about the surety system and its functions? Surety bonds play an important role in managing construction contract risk. See both sides of the surety process from the perspective of the owner and the contractors bidding on and performing contracts. Find out how bonding compares to other risk management approaches in construction.