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

    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 by that statement is that the same criteria … Continued

How can a surety bond be verified?

      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 a surety bond is not the final … Continued

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

The U.S. Small Business Administration has recently announced the changes made to the Surety Bond Guarantee (SBG) Program which will benefit small contractors in the State of New Jersey. The amended program – which started on the 20th of September … Continued

Surety Bond or Subcontractor Default Insurance?

What 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 are far safer and more secure. Contractors that do not … Continued

Surety Bond Authority Roundup for the Construction Industry

posted in: Blog, Construction Bonds | 0

What Happens When a Contractor Fails to Meet the Obligation? Here’s our latest Surety Bond Industry Round-up, which is a monthly series where we examine current events in the surety bond industry.  This month, we curated industry-related news that detail … Continued

Construction Surety Bonds: 10 Important Questions and Answers

posted in: Blog, Construction Bonds | 1

Greg Rynerson, CEO of a California-based surety company, Surety Bond Authority Inc, answers in detail on what you need to know about construction bonds. Today, many small, emerging, and even large-scale contractors looking to secure surety bonds and expand their … Continued