A type of surety bond under which the surety guarantees that the contractor will fulfill its obligations during the warranty period.

A guarantee against loss because of defective workmanship or materials used in the performance of the construction or supply contract.

The normal coverage provided by a maintenance bond is a guarantee against defective workmanship or materials. However, maintenance bonds sometimes incorporate an obligation guaranteeing "efficient or successful operation" or other obligations of like intent and purpose.

A bond that guarantees against defects in workmanship or materials for a stated period of time after the acceptance of the completed work.

Warranty bond given to guarantee that the necessary work will be done by the contractor doing repairs. This type of bond normally has a specific period of time.

guarantees against loss due to defective workmanship or materials used in the performance of a construction or supply contract. (See SURETYSHIP)