Asphalt Pavers can have a significant need for performance bonds. They are considered heavy contractors and the nature of their business presents unique risks and opportunities for surety bond companies. Here are some considerations for providing construction bonds to asphalt contractors. Asphalt Contractors May Be Light on Working Capital Most surety bond companies are working […]
School Bus Performance Bonds guarantee a contract to provide busing services to school districts. We often do not think much about school buses, so long as they are transporting children safely. However, contracts for school bus services are often very large and surety bonds ensure that the public’s money is protected and that bus services […]
Often when lawn mowing companies make the jump to public work, they are not sure what a mower performance bond is or how to get one. There are things that can make these bonds tricky, but most contractors should have very little trouble. The weather is warming up, the grass is growing and below is […]
As the Coronavirus (COVID-19) continues to expand around the United States and the World, it may only be a matter of time before U.S. construction projects and possibly contractor performance bonds are also affected by the virus. We know that performance bonds guarantee that a project will be completed by a contractor according to […]