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Payment bonds are required by law for public projects (meaning a construction project that is funded by tax dollars).  However, public projects aren’t the only...
Even though bid bonds are required by law for construction projects that are funded by tax dollars, it’s still important to understand why it is...
When performance bonds are required after winning a bid, your focus should be on gearing up for the project, not whether or not your bonding...
There are types of professional relationships that are best when long term, like with doctors, brokers, or insurance agents, and your relationship with a surety...
The Small Business Administration bond program can be a great way for contractors to expand their bonding capacity, but whether it’s the right move for...
Being that bid bonds are required by law for construction projects using tax dollars, no matter if it’s local, state, or federal, it’s important to...
Change orders are standard in the construction industry, because no set of plans is perfect, and the project site conditions are rarely what they are...
Many contractors have heard about the SBA program but wonder if it’s right for them and are unsure how to figure out if it’s a...
The Small Business Administration (SBA) formed the Surety Bond Guarantee Program in 1971 in an effort to increase the small business participation in federal, state,...

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