Ever wonder what a surety bond is, or why you need one? There is no shortage of work to be done, or contractors willing to perform it. However, entities paying for work with public tax dollars must confirm that the contractor can complete the job correctly, on time, and for the agreed price. That's where the surety comes in.
We pre-qualify the contractor for the project, then provide an irrevocable guarantee (performance and payment bond) that the work will be performed in accordance with the contract terms.
For more info, watch this short video "Getting Your First FIA Bond"
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