A contractor license bond costs a small percentage of the bond amount, paid once a year. Here is what sets the rate, real state bond amounts, and what to expect if your credit is not great.
A maintenance bond covers defects after a project is finished. Learn how it works, how it differs from a performance bond, and how to get one. Call 800-333-7800.
Need your first bid bond? A clear, step-by-step guide for new contractors covering documents, underwriting, cost, timing, and what to do if you’re declined.
If you’re involved in construction projects whether as a contractor, subcontractor, or material supplier, you’ve probably come across both Supply Bonds and Performance Bonds. At first glance, they sound similar. […]
If you’re supplying materials to a construction or commercial project, there’s a good chance you’ve heard the term “Supply Bond” come up in contract discussions. And if you haven’t dealt […]
Contractors bidding on public or large private construction projects quickly learn that surety bonds are part of the process. Two of the most common bonds required in construction contracting are […]
The construction industry in 2026 is full of opportunity, but it is also full of misinformation. Far too many contractors lose money every year—not because bonding is too expensive or […]
Public works construction remains one of the most opportunity-rich sectors in 2026. Federal and state infrastructure funding is still flowing, municipalities continue upgrading aging roads and utilities, and demand for […]
Construction bonding in 2026 is shaped by a simple reality: projects are bigger, more expensive, and more closely monitored than they were just a few years ago. Material costs remain […]
Subdivision development in 2026 is more expensive, more regulated, and more scrutinized than ever. Municipalities are tightening requirements, construction costs continue to rise, permitting timelines are lengthening, and developers are […]