Author: jackkyle

Not every job in construction needs a payment bond, but skipping one when it matters can hit your cash flow or slow down your job. If you’re a contractor or project owner, it’s smart to know where this bond fits into the job. It doesn’t matter if the job is big or small—if you’re paying or getting paid, a payment bond might be tied to your risk.   Let’s break down how it works in 2025 and what you need to watch for.  What a Construction Payment Bond Really Does  A construction payment bond keeps money moving. It’s a deal between…