Increasing Bonding Capacity

Hiring a subcontractor is a regular necessity in the construction industry, and it often raises the question of whether a prime or general contractor should require their subcontractors to provide performance and payment bonds to them. Subcontractors aren’t typically required by the owner of the project to provide bonds to the prime or general contractor. …

Does Requiring Bonds from Subcontractors Increase Bonding Capacity? Read More »

Increasing your bonding capacity provides you with the ability to bid on larger and larger jobs, increasing the growth of your company and furthering your success. How to increase your bonding capacity is where many contractors get lost, which is understandable as there can be a lot of moving parts to consider. There are three …

3 Things Contractors Can Do to Increase Bond Capacity Immediately Read More »

To many contractors, accounting is a foreign language and a necessary evil that they would rather spend as little time as possible involved with. What isn’t often considered is how having quality internal financials can help increase your bonding capacity and grow your business through properly set up procedures and an accounting system.  Surety companies …

How Investing in Quality Internal Financials can Increase Bonding Capacity Read More »