Contractors are noticing a significant hardening of the performance bonds market, particularly for small and medium-sized firms, according to a report from Construction Enquirer. 

With bond providers fearful of a post-coronavirus recession and only the largest of contractors reportedly able to secure bonds, this situation has the potential to severely hamper the ability of smaller firms to recover from the pandemic.

In our blog, we explore the situation in more detail and outline Focus’ continuing access to performance bonds markets – for contractors of all sizes. 

To find out more, read the blog here.