The National Electrical Code (NEC) exists to keep people and property safe from electrical hazards and fires. Electricians ...
SME Ryan Mayfield shares insights on NEC requirements found in Sec. 690.31(B)(1) in Episode 40.
These include the bonded amount, the principal’s working capital, the bonding capacity, the bond premium, and the bond term. Insurance and surety bonds are both common forms of risk management in ...