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SURETY BOND BLOG
Monthly Archives: October 2008
Electronic bonding is becoming more of a reality these days. Learn what changes have taken place to make th
The Miller Act is the single most important piece of legislation when it comes to surety bonding. Learn what it was for and what it does to protect the public.
A surety bond is a legal contract that consists at a minimum of at least three parties. The principle is considered to be the key party who will be performing the contractual obligation. The obligee is the receiving party of the obligation and the surety is the party or entity that ensures the principles obligations read more »
07
Oct
2008
Compliance Issues for Electrical Contractors Aiding in the Disaster Recovery Efforts in Texas
In the aftermath of Hurricane Ike, many out-of-state electrical contractors are traveling into Texas to assist in the disaster recovery efforts. In order to operate in accordance with the law, it is necessary to become familiar with the both the State’s laws and the local ordinances of the municipality that you plan on performing work read more »
06
Oct
2008
Oregon Construction Contractors: Change in Licensing Structure means Change in Bond Requirement
The state of Oregon has changed their contractor license bond requirement for both new and renewal licensees. Learn what changes they made and how it will effect you.
Mortgage broker surety bond rates can vary drastically, especially with the uncertainty of the current mortgage market. Find out what you should expect when shopping your mortgage broker or mortgage lender bond rates.