All posts by M L

August 3, 2018

Federal Government Contractors – Performance & Payment Bond Opportunity in August & September 2018

Performance and Payment Bonds for Federal Government Year-End September is a very important month for federal government contractors as September 30th marks the fiscal year end for the federal government. This means that they need to spend their budget in a “use it or lose it” mentality. Government contracting officers will be busy putting together […]

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September 23, 2017

Performance Bonds in Connecticut – Apply Now

If you’re just starting out as a construction contractor in Connecticut, or have predominantly taken on private work, it’s possible that you’ve never been required to obtain a performance bond before. Many public, local, and federal construction jobs require the low bidder on contracts obtain certain bonds before beginning work, and the performance bond is […]

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July 31, 2017

Performance & Payment Bonds in NY – New York Construction Bonds

Construction Bonds in New York Every construction job has a lot of moving parts, in the sense that it relies on a huge number of people with different skill sets. To ensure that all of these people carry out their duties properly and according to all applicable safety codes, construction bonds are usually required before […]

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May 2, 2017

What to Know When Hiring Employees

Your construction business is off the ground and running. Even the Wright Brothers are impressed at how you’ve taken flight! But a company is only as strong as its workers. It is important to surround yourself with people who have faith in your business.  It is also important that these people believe in your company’s […]

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April 26, 2017

To Bond, License and Insure?

Starting your own construction business can sometimes be a leap of faith. But that faith in your business is stronger if you learn about the industry.  For example, it is important to know the benefits of being a licensed, bonded and insured construction company. Why should I be licensed and apply for permits? The simple […]

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March 21, 2017

Surety Bonds and Insurances: Are They the Same?

There are many who confuse surety bonds with insurances, as they are both a means to protect finances.  But, in their execution of this goal, they serve different purposes.  Confusing the two or using them interchangeably can stop your business from growing.  In the world of construction, constructions projects may require a surety bond.  With […]

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March 15, 2017

Surety Bonds and Insurances, Working Together

We have recently rolled out a program to partner up with insurance agents to get their clients the best surety bonds in the industry. So why should YOU work together, as an insurance agent, with Surety Bond Professionals? Well, we’re glad you asked! We offer access to the best carriers. We have been in the […]

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By M L

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history of surety bondsSurety Bonds

February 25, 2017

History of Surety Bonds

Surety bonds are such a regular part of our business world today that it is hard to imagine a time where we didn’t have them.  In a previous blog, we mentioned that the first form of a surety bond occurred in 2750 B.C.  We wanted to investigate a little more about the history of surety […]

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February 14, 2017

Advice from the Experts Before Starting your Contracting Business

Congratulations!  Starting your own construction business is a fulfilling and successful career choice.  There are bound to be hurdles.  But through our many years of working with contractors, we’ve heard a few things from the best of the best.  Here is their advice of mistakes to avoid: Hiring reliable workers: Having a high turnover rate […]

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By M L

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