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Surety Bonding

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Home » Topic » Risk » Surety Bonding

A Professional Surety Bond Producer Serves as a Contractor’s Trusted Advisor and Essential Guide

by Kathy Hoffman, Martha Perkins | Nov 4, 2019
Risk | Risk Management | Safety | Surety Bonding

One of the most important business decisions a contractor will make is the choice of a professional surety bond producer.

Risks to Consider When Bidding on a Construction Project

by Vic Lance | Oct 7, 2019
Contracts | Legal and Regulatory | Risk | Risk Management | Surety Bonding

Forward-looking contractors integrate risk management in their bidding process. It involves careful planning of project schedule, realistic budget assessment and systematic mapping of potential obstacles.

Demystifying the Contract Surety Bond Process

by Adrian Q. Oddi, Ken Chapman | Sep 16, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Surety Bonding

Here is what contractors need to know about obtaining and expediting contract surety bonds and working with the right partner.

How Contractors Benefit From the Surety Bond Guarantee Program

by Greg Angel | Sep 10, 2019
Risk | Risk Management | Surety Bonding

The SBA Surety Bond Guarantee program can help small and emerging contractors jumpstart their business and remain competitive in the public and municipal sectors.

Resources for Contractor License Requirements

by Eric Weisbrot | Sep 8, 2019
Legal and Regulatory | Regulations | Surety Bonding

Contractors must be licensed in most states. The first step in obtaining a contractor’s license is recognizing requirements that may include a background check, training or education requirements and ability to obtain a surety bond.

Avoid Payment Bond Claims With These Six Tips

by Todd Bryant | Aug 23, 2019
Business | Business Risk | Dispute Resolution | Finance | Insurance | Risk | Risk Management | Surety Bonding

Payment bond claims are one of the most common, costliest and potentially most disruptive actions that can be brought against a contractor.

Payment Bonds on a Private Construction Project

by Vic Lance | Jul 14, 2019
Business | Business Risk | Finance | Project Delivery | Risk | Surety Bonding

Payment bonds aren’t just for public projects. Private owners can mitigate risk and protect subcontractors and suppliers on the project.

Six Factors Sureties Look for Before Making a Bonding Decision

by Donald J. Kaiser, Richard P. Higgins | Jul 6, 2019
Business | Finance | Risk | Surety Bonding

Sureties go beyond character, capacity and capital to assess a contractor’s past, current and future performance, diving deeper into the contractor’s business before issuing surety credit.
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