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 ...

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, ...

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 ...

Q: I’ve been a contractor for years and never been asked for a bond. But a new client insists on it. Can you help me to understand bonding? A: Surety insurance is unique: The surety company’s ...

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 ...

A North Carolina contractor lost a big lawsuit, ran into financial trouble and then stonewalled surety Liberty Mutual Insurance Co. for a short while before filing for protection from its creditors in ...

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 ...