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contract surety bonding

Working Capital and Contract Surety Bonding

Of all of the financial components that a contract surety bond underwriter considers when reviewing a performance bond  request, working capital is the the first. Healthy working capital is indicative of a contractor’s ability to service his or her short… Continue Reading →

Performance Bonds, an SIO Primer

Contract Surety Bonding






Contract Surety – Tax Returns are NOT Financial Statements

Bottom line, tax returns are NEVER acceptable financial reports when applying for contract surety bonding. Except for very small bond requests a contract surety underwriter will require one more years of proper financial statements prepared by a certified public accountant… Continue Reading →

MBDI surety bond readiness program.

Reported in the January/February edition of the the SFAA Newsletter, the Minority Business Development Institute (MBDI) offered its first performance bond readiness program.  The Program offers a direct, one-on-one learning opportunity focused on women, minority and local, emerging contractors.  MBDI’s… Continue Reading →

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