Definitions: P - Finance and insurance
payment bond
A payment bond is purchased by the contractor to assure the property owner that the contractor will pay all costs for the improvements the contractor is responsible for managing.
References - payment bond
See the following for additional payment bond information:
- Comparison Of the HERS Reference Home, HERS Rated Home & ENERGY STAR Reference Design Home United States Environmental Protection Agency, United States Department of Energy, December 2009, Editorial Staff
- Fundamentals of Residential Construction Wiley; 2 edition, February 2006, Edward Allen, Rob Thallon, ISBN 471681792
- Best Practices Guide to Residential Construction: Materials, Finishes, and Details Wiley, November 2005, Steven Bliss, ISBN 471648361
- Jlc Field Guide to Residential Construction Journal of Light Construction, January 2006, Editors of the Journal of Light Construction, ISBN 1928580289
- 2009 International Building Code: Softcover Version ICC (distributed by Cengage Learning); 1 edition, March 2009, International Code Council, ISBN 1580017258
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