What Is a Completion Bond in Construction?

In this guide, we’ll explore what completion bonds are, how they differ from performance bonds, [...]

What Is a Bid Bond?

If you’re a contractor or involved in bidding on construction projects, this post will equip [...]

What Is a Fidelity Bond?

Today, we unravel the concept of fidelity bonds and their importance in safeguarding businesses against [...]

What Is an ERISA Bond?

Retirement plans play a crucial role in securing the financial future of employees. It’s vital [...]

Funds Control in Surety (Quick Guide for Contractors)

What is funds control? And when is it necessary? As a contractor, can it be [...]

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 [...]

What Is a Payment Bond?

Construction projects demand extensive collaboration between multiple parties, such as contractors, subcontractors, suppliers, and project [...]

What Is a Maintenance Bond? A Complete Guide

If you’re a contractor or project owner seeking clarity on maintenance bonds, including coverage requirements, [...]