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The Surety Bond Blog

Category Archives: Subdivision Bonds

Articles giving advice on where one can obtain this hard to place bond.

09
Feb
2012

Federal Government Finally Hears Calls To Improve Their Surety Bond Program

The moment has finally arrived; the Small Business Administration is pushing enhancements to their struggling bond program. The improvements are small, but it’s a step in the right direction.




27
Jan
2012

Surety World Still Urging Improvements To Government Bond Programs

In many cases small businesses and federal construction jobs mix like water and oil; they avoid each other. The government seems to gravitate to larger contractors as they have relative ease getting bonded in standard surety markets. The small contractors avoid the government funded SBA (Small Business Administration) Bond Guarantee Program, which is in place read more »




19
Jan
2012

Surety Bonds Vs. Money In Escrow

Green energy is here to stay and the state of Illinois is taking advantage of it via wind farms. Once the wind farms have served their point, they must be decommissioned or removed for the environment’s sake; surety bonds are one way to assure that it happens.




30
Dec
2011

Congress Pushes More Regulation On Personal Sureties

Whether an entrepreneur is opening a new car dealership or a contractor is building a bridge, surety bonds exist to guarantee business will be done properly. When it comes to federal construction projects, some deceptive contractors will try to sneak their way through surety regulations that are in place to protect the public; and that’s read more »




15
Dec
2011

Surety Industry Deceptively Booming Despite Recession

The world of surety seems to be doing just fine amidst the down economy. There are still a lot of construction jobs available and many bonds to be written; but could the healthy appearance of the surety industry be somewhat of an illusion?




20
Oct
2011

Surety Bond Claims: Communication Is Key

The surety bond industry is a quirky one. Should you already have bonds or foresee needing bonding in the future, it’s important to have good communication with your surety company. Poor communication can bring about avoidable lawsuits just like it did for a couple of condominium complexes in New York City.