Proposed New Surety Bonding Requirements for Large Non-P3 Infrastructure Projects in Ontario
April 8, 2024 Since 2018, the Construction Act (the Act) has mandated the use of surety bonding for public construction projects with a price of $500,000 or more. This requirement is meant to protect public and broader public sector infrastructure project owners, subcontractors, workers, and suppliers from the risk of non-payment or non-performance if a…



