Express Scripts now requires some applicants who wish to contract with their company to obtain a $500,000 performance bond for a minimum of the first two years of the contract…. Read more »
Category: Performance Bonds
How to Bid a Construction Job in 4 Easy Steps
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… Read more »
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… Read more »
Payment and Performance Bond: How They Work Together
Payment and performance bonds are obtained by contractors for construction jobs to protect different groups from unmet contractual promises. Public construction projects typically require these bonds, but private projects… Read more »
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… Read more »
The Miller Act & What It Means
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.
