surety bond education center

Construction Bonds

retention bond

Retention Bond vs Performance Bond: What’s the Difference?

By Greg Rynerson, CPCU | June 13, 2017

State statutes require contractors working on public projects in the United States to post different types of construction surety bonds. One of the most available and common types of surety […]

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virginia contractors

SURETY BOND UPDATE: Virginia Contractors Can Now Submit a Surety Bond as a Licensure Requirement

By Greg Rynerson, CPCU | June 9, 2017

Great news for Class A and Class B Contractors in Virginia! They now have the option to post a surety bond instead of providing and maintaining a minimum net worth […]

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construction cpa

Improve Your Chances of Getting Bonded With a Construction CPA

By Greg Rynerson, CPCU | June 5, 2017

Understanding the type of paperwork required to apply for a construction surety bond is a critical step towards becoming bonded. But the documentation will only mean little if you, as […]

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construction industry

Surety Bond Authority Roundup for the Construction Industry

By Greg Rynerson, CPCU | May 15, 2017

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 […]

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Surety Bond Fraud in the Construction Industry

Confronting Surety Bond Fraud in the Construction Industry

By Greg Rynerson, CPCU | May 5, 2017

We sneak a glimpse into some of the typical surety bond fraud and scams and how you can avoid getting conned by choosing a reputable surety bond provider. Various types […]

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bid bonds

Bid Bonds – A Closer Look at a Tender Guarantee

By Greg Rynerson, CPCU | May 2, 2017

A bid bond also called a tender bond, is a type of surety bond posted by a bidder for a construction project to provide assurance to the project owner that […]

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construction surety bonds

Construction Surety Bonds: 10 Important Questions and Answers

By Greg Rynerson, CPCU | March 17, 2017

Greg Rynerson, CEO of a California-based surety company, Surety Bond Authority Inc, answers in detail on what you need to know about Construction Surety Bonds. Today, many small, emerging, and […]

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Construction bonds

Construction Claims Prevention: How To Protect Yourself From The Start

By Greg Rynerson, CPCU | January 12, 2017

A construction development project can be a high-risk endeavor and requires a carefully developed plan of action to ensure the terms promised will be executed correctly and fairly for all […]

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Construction Surety Bonds

Construction Surety Bonds: How They Benefit The Environment

By Greg Rynerson, CPCU | December 8, 2016

Construction surety bonds serve a multitude of purposes, from reinforcing building standards to ensuring payments are made in full in regards to a specified contract. While it is true there […]

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