During the correction period, what remains in place?

• A. Surety bond
• B. Performance bond only
• C. Insurance policy only
• D. None

Answer: (A)

During the correction period, defects discovered after substantial completion must be addressed. The surety bond stays in effect to guarantee that those corrective actions will be completed at no additional cost to the owner. If the contractor fails to fix defects during this period, the owner can draw on the bond to cover the cost of the corrections, and the surety may then pursue the contractor to recover those funds. This protection is why the bond remains active during the defects liability or correction period, rather than relying solely on an insurance policy or ending at substantial completion.