Key Components in Determining How Much Does a Contractor Bond Cost

Contractor bonds are essential in the construction industry as they bind the construction company, the company’s client and the surety together. They are essential for keeping everyone accountable for the agreed upon project. You’ll be hard pressed to find a project that doesn’t require a cont...

Key Differences in the Bid Bond vs Performance Bond Question

Two of the most important kind of surety bonds for any construction project are bid bonds and performance bonds. While both can be important, there are some major differences in the bid bond vs performance bond question. If you want success in your next contract, you need to know the differences. Th...

What is Bid Bond and Performance Bond and Why They Matter

The two primary types of surety bonds used for construction projects are bid bonds and performance bonds. While both can be essential to your project, it’s important to know the difference between them and why they matter. Before you sign on for any surety bond, you need to make sure you have the ...