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.
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Many people do not understand why they need to obtain surety bonds, let alone understand what they are. If you want to find out why you need a surety bond, you have discovered the right place. An obvious answer to this question is because it’s being required of you (by the obligee). Why is the …
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When obtaining a surety bond, you must sign an agreement of personal and corporate indemnity between the owner(s) of your company and the surety who is guaranteeing the bond.
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