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Since then the law, and its surety bond, have remained in place.
Explains what a surety bond is and if it can help your business.
Some organizations buy crime insurance instead of a surety bond.
How do I determine the amount of coverage for the surety bond?
Capital in the form of surety bonds is required for federal construction contracts.
So she came to us and used her grandmother's house as collateral for a surety bond.
From disaster assistance to surety bonds, we're there with the tools you need.
The bill passed with a requirement that the customers' money be placed in a surety bond.
It is the largest company providing contract and commercial surety bonds in Canada.
A surety bond is a form of insurance that guarantees contract completion.
A key term in nearly every surety bond is the penal sum.
A surety bond is a contract among at least three parties:
Public charters also require the tour operator to have a surety bond.
What are the minimum requirements of obtaining a surety bond in order for it to be accepted?
It was also the national leader in the area of small, miscellaneous fidelity and surety bonds.
Construction law has been affected by the requirements in public contracts, which include surety bonds and other procedures.
Most customers for surety bonds are construction companies or companies that trade in commodities.
A surety bond also replaces the need for collateral.
The insurance companies had provided a form of guarantee, known as surety bonds, in the event that Enron did not make good on its obligations.
If the contractor fails to complete the contracted work, the surety bond is used to pay for completion.
A surety bond is considered a part of the insurance industry, but it shares some characteristics with the credit industry.
You must buy surety bonds if you are a prime contractor to the federal government running a construction project over $25,000.
Provisional sentence had been claimed on two surety bonds.
In addition, almost 100 small businesses a day were prevented from bidding on Government contracts because they could not obtain agency surety bonds.
Many service contracts, and occasionally, supply contracts, also require surety bonds.
