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 only that, the Bureau of Labor Statistics confirms … Continued
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
In construction, especially for most government development projects, surety bonds will be required for companies even for preliminary bids. Federal or state projects require contractors to acquire construction surety bonds for the development or repair of any structure or public … Continued
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 parties involved. When starting a construction development project, the earlier … Continued
Surety bonds cover an extremely wide range of needs and purposes, especially when it comes to the global exporting industry is no different. Each year, millions of dollars in product and services are shipped internationally. In order to protect their … Continued
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 are a variety of reasons for specific surety bonds, it … Continued
For Immediate Release Surety Bond Authority Launches Company to Make Surety Bond Process Simple November, 30th, 2016 – Woodland Hills, CA Surety Bond Authority, Inc., announces the launch of our new Surety Bond Company. Initially, Surety Bond Authority is offering … Continued
As a consumer, are you truly aware of what types of laws or bonds have been put into place to protect you? At some point or another, most of the businesses you shop at are required to agree to a … Continued
Unless you’re an expert, what you think you know about surety bonds may not be that accurate. There are a lot of myths and misconceptions out there. However,surety bonds are not nearly as expensive or confusing as many may think. … Continued
When it comes to surety bonds, many do not know what they are, especially when there is a necessity for one. If you, like many others, are being required to seek a surety bond by an obligee and do not … Continued