Surety bonds are an agreement involving a principal, an obligee and a surety company that issues the bond for a fee. In most cases, the obligee accepts a bid or application submitted by the principal.

There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

The first quarter of 2024 brought some notable shifts in the municipal bond landscape, reflecting broader economic trends and market dynamics. The ICE Broad Municipal Bond Index experienced a modest ...

California public school and community college district voters approved $20 billion of construction loans in 2022, with more passing in 2023, using the Proposition 39 financing capability. The ...

So Far, So Good The phrase "risk on/risk off" refers to when the financial markets are binary. Either safe assets rise at the expense of risky securities because investors are pessimistic, or the ...

* Returns less than one year are not annualized. Expenses: Class A: Gross 1.83%, Net 1.21%; Class I: Gross 1.37%, Net 0.86%; Class Y: Gross 1.33%, Net 0.96%. Expenses are capped contractually until 05 ...