The Complete Guide to Surety Bonds for NHAI Projects
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A Surety Bond NHAI ( National Highways Authority of India) A surety bond in favor of NHAI contractors undertaking highway construction contracts. Such a bond ensures that the project goes along in the planned and scheduled manner, and safeguards NHAI against the monetary loss due to the inability of a contractor to meet his performance criterion. As such sureties are offered to surety businesses, it is extremely important that the contractor's credentials be verified and his financial condition good. Surety Seven is one of the frontline companies involved in these kinds of bonds, especially for such projects regarding infrastructure. As such, they are still being careful while traveling on the route that is regulated by NHAI so that the latter's national highway projects are completed on time and with great quality.
