What Is a Bid Bond?
If you’re a contractor or involved in bidding on construction projects, this post will equip [...]
Aug
What Is a Fidelity Bond?
Today, we unravel the concept of fidelity bonds and their importance in safeguarding businesses against [...]
Aug
What Is an ERISA Bond?
Retirement plans play a crucial role in securing the financial future of employees. It’s vital [...]
Aug
Funds Control in Surety (Quick Guide for Contractors)
What is funds control? And when is it necessary? As a contractor, can it be [...]
Aug
Why Does My Surety Provider Ask for Full Financials?
When working with a surety bond provider, you’ll likely encounter the term “full financials.” The [...]
Aug
What Is a Payment Bond?
Construction projects demand extensive collaboration between multiple parties, such as contractors, subcontractors, suppliers, and project [...]
Jul
What Is an Appeal Bond?
Appeal bonds play a crucial role in the legal system, providing financial security for appellants [...]
Jul
What Is a WIP Schedule in Construction?
In the construction industry, managing ongoing projects efficiently is crucial for success. One essential tool [...]
Jul