Pre-production · term
Completion bond
Also known as completion guarantee.
A guaranty arrangement intended to protect financiers against specified risks that a production will not be completed and delivered.
In practice
The bond company reviews budget, schedule, personnel, contracts, insurance, cash flow, and progress, and its intervention rights are defined by the bond documents.
Explore related entries
Sources
- High-end TV scripted production paperwork · ScreenSkills
Educational reference only. Requirements vary by jurisdiction, employer, venue, and production context.