Learn how performance bonds work as a contract guarantee, the roles of the parties involved, and the advantages and potential ...

Learn about sureties and surety bonds, including how they guarantee debts, differentiate from insurance, and provide financial protection in contracts.

Knowing what a contract bond is helps contractors, project owners, and stakeholders understand how to secure performance and payment in construction or service agreements. These bonds are common in ...

Small businesses vying for contracts have to show their worth. One way to do this is through a surety bond, a legally binding agreement between a small business and another party that ensures the ...

Surety bonds assure project owners that a contractor can complete a project according to contract specifications. Requiring a surety bond on a project helps prequalify contracting firms based on their ...

Placing concrete requires specialized skills and equipment. The licensing requirements for concrete contractors vary from state to state. In some states, concrete contractors need a specific license ...

South Coast Surety's Express Contract program which it manages for surety partner, Philadelphia Insurance, has continued to show great success. With this surety contract bond program, hundreds of ...

In a move to bolster usage of the municipal bond futures contract, the Chicago Board of Trade has recently contacted some firms about becoming market makers on an electronic platform for the contract, ...

"Contract surety has always been a pain point for P&C agents," says Jackson Cromer, President of BondExchange. "The limitations of a typical application required agents to spend too much time on the ...