Maintenance Bonds
How is the cost of a bond determined?
Some contract surety bond costs are related to a contractor’s qualifications, while others are based on the scope of work or the classification of construction work that is being completed. The contract price is also a factor. Learn more about how the cost of a bond is determined from our Blog.
New to contract bonds? We have the answers to all your questions.
More from our blog:
Construction Company Do’s and Dont's of Smart Contract Bidding
This article originally was published by the National Association of Surety Bond Producers and is being republished with the express permission of …
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Why Your Construction Company Needs a Buy-Sell Agreement
Has the topic of buy-sell agreements come up in discussions with your attorney, surety agent or accountant? Chances are someone who cares about the …
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Contractors: Is Your Internal Record Keeping Helping You or Hurting You?
Let’s face it, the reason you went into construction is because you like being at the job site — not cooped up in an office. So you probably don’t …
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Recent Blog Articles
Building at the Edge of the Earth and Beyond
Spotlight onGunderson Marine & Iron, responsible for the floating barge pier project at McMurdo Station, Antarctica.
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A Major Infrastructure Upgrade for Antarctica — Backed by Surety
Antarctica is one of the most remote and isolated places on Earth. As the coldest and windiest continent on the planet according to the United States …
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Advice From a Surety Underwriter to the Owner of a Start-Up Construction Company
Early in my underwriting career, it wasn’t unusual to meet a company owner who had recently climbed down from a ladder or the seat of a bulldozer to …
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Resources
Resources
FAQ: Contract Bonds
Video
Understanding Work in Progress Reports
Resources