A GC would usually require performance bond from
A)the architect.
B)each major subcontractor.
C)the owner and the architect.
D)the owner, architect, and the consultants.
E)the owner.

Question

Quizplus · Accepted Answer

A performance bond is usually required from each major subcontractor to ensure that they complete their portion of the work in accordance with the contract. The bond provides financial security to the GC (and the owner) in case the subcontractor fails to perform or goes bankrupt. The architect, owner, and consultants are not typically required to provide a performance bond.

A GC Would Usually Require Performance Bond from