What role does Honsador play during construction?
Honsador administers the bond by receiving funds as they are disbursed according to the contract’s payment schedule. Funds are then available to the contractor to pay for labor and materials as those expenses are incurred. In certain cases, Honsador will assist in resolving disputes and problems should they arise. Upon your request, we will file the customary Notice of Completion that signifies the completion of the project.
