Installing ducts and showers in homes around the area, building additions to people's homes, putting new toilets in, you're probably not going to need a contractor's bond. But, when you get those big-time jobs, the ones that make or break the busines...
Although you're probably familiar with using Construction Surety bonds, you might not be aware of the legal relationships involved.
This type of bond is not an insurance policy, but a guarantee by a "surety' that a contractor ("principal") will pe...
In the construction industry, performance bonds serve as a guarantee that the contractor will finish the project correctly and satisfactorily. As a contractor, you must knozw the details about performance bonds as you protect your business.
What i...
In the construction industry, construction bonds are an important part of the bidding process. As a contractor, here's what you need to know about construction bonds.
What are Construction Bonds?
Construction bonds are a product that guarantees...
Any construction project is multi-faceted and usually requires a variety of workers, equipment and skills. Construction bonds help to ensure the project is finished properly. Know the different types of construction bonds before you start your next p...