Category Archives: Contract Bonds

ZipBonds Quickly Approves Large Roofing Contractor [Case Study]

ZipBonds approved roofing contractor working with partner on roof

Learn how a ZipBonds contract bond agent helped a roofing contractor on a large bond by switching surety providers! Roofing Contractor Switches Bonding Agency After 30 Years The Story ZipBonds agent Tina had been reaching out to this family-owned and operated, third-generation roofing company for a long time. They’d been in business for over 60 […]

Need a Construction Bond Fast? [Contractor Prequalification in 3 Minutes]

Contractor prequalified for bid and performance bonds on worksite

If you’re a contractor, you can pre-qualify for the contract bonds you need in 3 minutes or less on our website. Here’s the process. How Contractor Prequalification Works Our proprietary Zip Score option provides an immediate bond capacity indication for contractor applicants in minutes. Better yet, you can get your bond capacity indication WITHOUT providing […]

What Is a Contract Bond? [Definition & Most Common Types]

contract bond

Most people have heard a cautionary tale about contracted work. Apprehensions toward contracted work exist in both the personal and business worlds. You may have even had a bad experience with a contractor yourself at some point. Websites like Angie’s List (now Angi) became popular to help people safely identify professional contractors with proven track […]

Your Guide to Subcontractor Bonding (And When You Should Bond Back)

Subcontractors with bonds working for a GC

One of the most common risk mitigation tools in the construction industry is subcontractor bonding. As a general contractor, requiring your subcontractors to “bond back” can mitigate risk for you and the project owner, build your reputation, ensure quality, help you win larger jobs, and more!  Read on to learn how subcontractor bonding works and […]

Payment Bond vs. Performance Bond: What’s the Difference?

Contractors with payment and performance bonds working at the jobsite

When it comes to construction projects, payment bonds and performance bonds are crucial aspects of ensuring successful completion and financial protection. In this blog post, we’ll explore the differences between payment vs. performance bonds, shedding light on their purpose, who issues them, costs, expiration, refunding, and the process of obtaining them from a surety provider. […]

Iowa DOT Bid Letting Process: How It Works

Winning Iowa DOT bid letting for road and bridge work

The Iowa Department of Transportation maintains and develops the state’s transportation infrastructure, including roads, bridges, and public transit systems. Bidding on jobs with the IDOT can provide new opportunities for contractors hoping to expand their business in the public sector. Whether you’re new to the Iowa DOT bid letting process or need a refresher, this […]

How to Qualify to Bid Jobs with the Department of Transportation (DOT)

Contractor who bid on a DOT project and won

Bidding on jobs as a contractor with your state’s Department of Transportation (DOT) can be a great opportunity if you’re looking to expand your work in the public sector. This article will guide you through the general process of qualifying to bid on DOT projects. Just keep in mind that the process varies from state […]