Surety Bond Blog » bid bond http://www.jwsuretybonds.com/blog General to specific surety bond information, as well as current events within the industry. Fri, 13 Nov 2009 18:39:21 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Alabama Bid Bond Changes http://www.jwsuretybonds.com/blog/alabama-bid-bond-changes http://www.jwsuretybonds.com/blog/alabama-bid-bond-changes#comments Wed, 27 May 2009 18:22:50 +0000 Tracy Konopka http://www.jwsuretybonds.com/blog/?p=569

On 5/16/08, the state of Alabama has enacted HB 442. The enactment allows state agencies to decide if a bid bond is required for service contracts or supplies. The prior law made bid bonds mandatory, which allowed for no flexibility, even when no bonding companies were willing to bond the work.

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