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The Surety Bond Blog

Category Archives: Bid Bonds

Information specifically on bid bonds. Providing advice and current events of the industry.

30
Jun
2014

July 2014 Contractor Bids for 3 Hot Public Projects

  Are you in the construction industry and currently looking for a project that will be worth your while? If so, you probably already know that bidding on the right project is what constitutes the difference between success and mediocrity. But with July just around the corner, contractors will have a significantly bigger pool of read more »




29
Apr
2014

Bidding for Municipal Construction: 4 Great Tips for a Winning Bid

Hospital construction is often done through public bidding projects ChristianaCare / Flickr / CC BY-NC-SA   If you’re running a construction company, chances are you’ve already thought about construction bidding for municipal projects. But do you know how to prepare a bid that the municipality simply can’t refuse? The public bidding process for construction projects read more »




26
Feb
2014

How Do Bonds Work?

How do bonds work? This is a vague question that can be referring to many unrelated bond types. However, if you’re looking for a guide on how surety bonds such as license and permit, contract and court bonds work, or are looking for an explanation of how fidelity bond insurance works, you have come to read more »




05
Aug
2013

Cracked: The why and how of performance bonds in Texas

When you are developing your business in the construction field in Texas, you quickly learn that you have to play by many rules. If you are a newbie, it is likely that the amount of licenses, permits, regulations and administrative steps might discourage you. With time, however, it does get easier and your contractor business read more »




18
Jul
2013

What is the Security in Bonding Act of 2013 and why we should care

Passing a new bill through the Congress is not an easy task, but it seems that the Security in Bonding Act of 2013, also known as H.R. 776, has good prospects of making it. The previous act, the Security in Bonding Act of 2012, known as H.R. 3534, managed to pass through the U.S. House read more »




17
Jun
2013

The contractors’ short guide to bid, performance and payment surety bonds

If you are a contractor who wants to get involved in public works, you are likely to stumble upon several administrative hurdles that might be completely unknown to you if you are new to the business. Among the rather exotic-sounding terms that will fly around, you will have to tackle three particularly important ones: bid bonds and performance read more »