Q. Should a driveway concrete contractor be bonded? How important is bonding? A. It depends on local regulations, as well as the scope of the project. Some states and municipalities require bonding ...

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 ...

For most contractors working in the U.S., construction bonds are one of the major requirements they need to meet in order to even apply for a project. Still, they are often confused by these bonds, ...

Construction contracts for commercial projects, including the ongoing boom in apartment projects, routinely require the general contractor and/or the subcontractors to provide performance bonds.

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 ...

Construction bonds ensure project completion and quality, protecting owners if a contractor fails. Contractors must provide financials and project details to secure bonds. Multiple bond types cover ...

In a recent case from the U.S. District Court for the District of Columbia, United States ex rel. Scollick v. Narula, Case No. 1:14-cv-01339, two surety companies and the broker that issued bonds on ...

A small business can get bonded in one of two ways: a fidelity bond, which bonds against losses resulting from employees, or a surety bond, which bonds to give customers a guarantee of performance on ...

Contractor license bonds are a licensing requirement that aims to safeguard homeowners’ interests and guarantee that contractors will complete their agreed jobs. As in most states, Arizona contractors ...

Q. Should a driveway concrete contractor be bonded? How important is bonding? A. It depends on local regulations, as well as the scope of the project. Some states and municipalities require bonding ...