How to Get a Contractor’s License in New York
Learn how to get a contractor’s license in New York below, and work with Surety Bond Professionals to get a contractor license bond.
Read moreTexas Payment and Performance Bonds
Texas contractors must obtain certain surety bonds in order to be awarded and begin working on federal public works projects within the state. Learn more about Texas payment and performance bonds below, and request a quote from Surety Bond Professionals today.
Read moreBid Bonds vs. Payment Bonds: What’s the Difference?
Bid bonds and payment bonds are both surety bonds that are commonly required in the construction industry. But they serve different purposes and are required at different points in the contracting process. Let’s take a closer look below at bid bonds vs payment bonds, so you can understand the difference.
Read moreHow to Get a Contractor’s License in Massachusetts
In Massachusetts, general contractors are called Construction Supervisors. Anyone who wants to operate as a general contractor in Massachusetts needs a Massachusetts Construction Supervisor License—either restricted or unrestricted. Learn how to get a contractor’s license in Massachusetts below, and work with Surety Bond Professionals to get a contractor license bond.
Read moreHow Does Construction Bidding Work?
The construction bidding process for large public works projects is not quite the same as the process for bidding on smaller, private projects, but they share certain elements. That’s because the end goal is essentially the same—finding a qualified, affordable contractor. Sometimes that means choosing the contractor offering the lowest bid, but more often it means awarding the contract to the bidder offering the best value—the best combination of technical qualifications and cost. To arrive at that decision, project owners go through a series of steps in a predictable order. Here is some important information to know about how construction bidding works.
Read moreHow to Get Bonded for Construction
Whether you’re new to the bonding process or just want to clarify some things, our experienced surety agents at Surety Bond Professionals are here to help. Learn how to get bonded for construction below, and feel free to contact us today with any questions you may have.
Read moreMajor Types of Construction Bonds
No industry involves a greater variety of surety bonds than the construction industry. Surety bonds are required in order to bid or work on virtually all public works projects and many private construction projects, including both new construction and remodeling.
Read moreAdvice 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 doesn’t bode well for a reputation. Although it very well may be that you’ve had bad luck in the hiring field, it could also raise a few questions. Underestimating your business startup: You probably have faith in your contracting skills. Do you have faith in the other component of a contracting business, namely the “business” portion? Running a business is a business in and of its own! There is payroll, overhead, buying materials in bulk, etc. Going in blind: To piggy back off the last piece of advice, not having a detailed plan for starting your business is important! Basically, invoke Murphy’s Law and think of everything that can go wrong and begin to find solutions for them. Do you need a surety bond? What equipment do you need? How will you handle your employees? What benefits will you provide? Build a good, scratch...
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