Surety Bonds
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...
One of our main objectives here at CSBA is to improve the surety literacy of contractors and help them to operate better. As part of...
When discussing surety bonds vs. insurance policies, it’s important to understand the key differences, because they have very different purposes and ways of obtaining them....
Contractors sometimes stick with those they’ve worked with in the past, including remaining with their insurance agent to get bonded, without considering whether it is...
The Infrastructure Investment and Jobs Act recently passed by Congress and signed by President Biden allocates a total of $1.2 trillion over the next 10...
In the surety world, the term “aggregate bonding capacity” is used to refer to the total amount of credit extended by a surety company to...
In the surety world, the term “aggregate bonding capacity” is used to refer to the total amount of credit extended by a surety company to...
Whether you’re new to the bonding process or have been working with a surety agency for a significant amount of time, it can be difficult...
For many contractors, even those who rely heavily on surety bonds, the general rules that surety companies use to determine bonding capacity can be somewhat of...
For contractors, taking on larger projects is a natural part of growth in business. The challenge is that no two projects are exactly alike, and...