surety bond education center

Construction Bonds

Union City Changes Bond Requirements for Construction Projects

Union City Changes Bond Requirements for Construction Projects

By Erin Cruz | April 9, 2020

Surety bonds have been a valuable security tool in the construction industry for decades. This is one of the reasons why the demand for surety bonds in construction projects continues […]

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The Importance of Surety Bonds in P3 Projects

The Importance of Surety Bonds in P3 Projects

By Erin Cruz | March 31, 2020

Surety bonds have been a standard requirement for construction projects within the United States for decades. It has been proven to be an important part of construction project procurement and […]

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What You Should Know About Surety Bond-Indemnity Agreement Hand Shake

What You Should Know About Surety Bond Indemnity Agreement

By Greg Rynerson, CPCU | May 13, 2018

Signing an indemnity agreement is a standard procedure when obtaining a surety bond. It is second to the last step in the bond process – just right before the bond […]

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4 Mistakes First Time Surety Bond Buyers Make and How to Avoid Them

4 Mistakes First-Time Surety Bond Buyers Make and How to Avoid Them

By Greg Rynerson, CPCU | March 15, 2018

While it’s true that surety bonds are not as intimidating – nor as expensive – as they may seem, it can also be safely said that they’re not the easiest things in the world either. What we meant […]

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construction bonds

4 Types of Problems Small-Scale Contractors Face – Which One Are You Currently Having?

By Greg Rynerson, CPCU | March 1, 2018

The construction industry is expected to experience healthy economic times. Construction spending, for one, continuously grows according to the Department of Commerce. In fact, construction spending grew to $1.257 trillion late last year. Not […]

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how to verify surety bond

How can a surety bond be verified?

By Greg Rynerson, CPCU | February 14, 2018

Much has been said about the key players of a surety bond, the process of obtaining a bond, and the role a surety bond plays in a specific industry or business. However, the issuance of […]

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surety bond update

SURETY BOND UPDATE: Bigger Opportunities for Small Contractors in New Jersey Thanks to the Amended SBA Surety Bond Program

By Greg Rynerson, CPCU | November 10, 2017

Surety Bond Update for Small Contractors in NJ with Surety Bond Authority The U.S. Small Business Administration has recently announced the changes made to the Surety Bond Guarantee (SBG) Program […]

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2017 AIA Contract Documents

Revised Conditions of the 2017 AIA Contract Documents

By Greg Rynerson, CPCU | September 4, 2017

Industry Round-Up Blog: Tackling the latest on the new insurance and bonds exhibit, digitization, and sustainable projects exhibit In this monthly industry round-up, we take a look at the new […]

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available nevada surety bonds

Surety Bond Authority Announces Available Nevada Surety Bonds for the State’s Diverse Markets

By Greg Rynerson, CPCU | July 12, 2017

Surety Bonds in Nevada with Surety Bond Authority California-based surety bond company extends its surety bond services to the Silver State. Los Angeles, CA, July 11, 2017 – Surety Bond […]

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Surety Bond or Subcontractor Default Insurance

Surety Bond or Subcontractor Default Insurance?

By Greg Rynerson, CPCU | June 26, 2017

Which is the better option to manage subcontractor risks? Getting subcontractors adds a new dimension to a construction project. Construction companies, whether large or small that can mitigate subcontractor risks […]

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