With specifications varying by state, down to municipality, as well as by type of project, knowing what is required as a contractor is crucial.
Surety bonds are an insurance policy for the obligee or the entity that is initiating the project.
This post details the specific requirements needed for Surety Bonds Inc to submit a Construction or License Bond.
This post talks about some of the exceptions and projects which often do not require a Surety Bond to complete the job
This post deals with some of the potential pit falls of Surety Bonds and recommends starting slow and low when it comes to Construction Bonds.
This post talks about some of the financial complexities of Surety Bonds, including Bonding Capacity or Bond Line.
This post goes a little more in depth on exactly what a Surety Bond is, and how they work to help protect you and your business.