Performance Bond: Conditional or Unconditional

The book "Performance Bond: Conditional or Unconditional" by Azizan Supardi offers a comprehensive analysis of the various types of performance bonds in construction. It highlights the differences between conditional and unconditional bonds and their legal implications in the event of a breach of contract, rejection, or insolvency of the contractor. The author examines the specific wording in performance bonds that is crucial in determining whether a bond is considered conditional or unconditional. This investigation is particularly relevant in the Malaysian context, where the legal frameworks and practices regarding performance bonds can vary. The book is aimed at professionals in the construction industry, legal practitioners, and students who wish to develop a deeper understanding of the legal aspects of performance bonds.