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 […]
Read MoreTag Archives: Performance Bond
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 […]
Read MorePerformance & 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 […]
Read MoreA Quick Guide to Surety Bond Terms
Once you have made the decision that a surety bond can help grow your business, knowing the basic construction surety bond terms can help to expedite the application process. And, it also helps to know which bond you will need for specific parts of the project. Yet, if looking for a more comprehensive description, our […]
Read More