Dedicated to the latest contract bond news, we keep you up to date on new legislation and contract bond requirements. Additionally, our surety experts offer tips for getting contract bonds, running a bonded business, finding the best surety bond company, and more.
For additional information on how to get a contract bond, don’t miss our contract bond guides. We provide guides for bid bonds, construction bonds, performance bonds, and everything in between.
The difference between bond producers can be night and day. A good construction bond producer knows the surety industry and the construction industry. For contractors, a bond producer is a key to the door of suretyship.
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Surety bonds can be a puzzling subject to many people. Then again, there are a few simple distinctions that can help you greatly when you start operating as a contractor and need to obtain specific bonds for specific purposes. Let’s tackle contractor license bonds.
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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.
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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.
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The Surety Insider, LLC gives us a look into the world of surety bond claims. Find out what you should and should not do when it comes to finding a claims consultant. Also, get a novice crash course on the claims process from various outside sources.
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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.
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