surety bid bond

What Is A Bid Bond

As a surety-specific agency with a national footprint we numerous requests for “bid bonds” each day.  Contractors who have dealt with corporate sureties are aware of what these are however many new and smaller construction and commercial services contractors do… Continue Reading →

Getting a bid bond. Why is such a small bond so complicated?

Because bid bonds as small, usually 2.5% to 10% of the total project proposal, it would seem simple for a surety company to just just charge a fee and issue them.  So why don’t we write them freely?  The answer… Continue Reading →

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