If you’re a licensed professional, contractor, or business seeking to work on a government project, you’ll likely need to purchase surety bonds throughout your career. Learn where surety bonds come from and the best companies to work with when you need to obtain one. Who provides surety bonds? Here are the three main entities that […]
Tag Archives: surety bond
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Jan
Jan
What is a Surety Bond? A Beginner’s Guide. A surety bond is a legally binding contract ensuring that one party keeps its promise to another. If someone fails to keep their promise, a surety company will compensate the party who experienced the loss. Then the party at fault for breaching the contract will have to […]