Category: Bid Bonds

Bidding on construction jobs is no easy task. Contractors need to understand the necessary costs, the state of the market and the ideal price point for jobs. On top of that, contractors also need to keep an eye on their competitors’ prices and sometimes need to bid on many projects at one time to …

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 …

The latest White House report says they’ve completed nearly 400 miles of the new border wall system. The wall is a source of work for 15 companies currently approved to work on the border wall. President-elect Joe Biden is openly against funding further border wall construction and is expected to …

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.

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.

What many do not know is that not everyone qualifies for surety bond backing. Learn what you can do to ensure you qualify for the bond type and amount you are in need of.