Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...

Surety bonds are an agreement involving a principal, an obligee and a surety company that issues the bond for a fee. In most cases, the obligee accepts a bid or application submitted by the principal.

Surety bonds provide a kind of insurance guarantee that the bondholder will follow the laws or meet requirements outlined in a contract or agreement. Some municipalities require contractors to obtain ...

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, ...

With construction teams navigating the effects of the COVID-19 pandemic and the world’s material supply chains, securing project performance has perhaps never been at such a premium. If a contractor ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Lance Surety Bond Associates is a surety bond agency based out of southeastern Pennsylvania that is able to write all types of surety bonds throughout the nation. We are dedicated to servicing all of ...

Emerging markets across the Global South are entering a decisive decade for infrastructure. Governments from India to Africa to UAE are all committing unprecedented capital toward transport, energy, ...

EL SEGUNDO, Calif., March 11, 2025 /PRNewswire/ -- Origin Surety Insurance Services, LLC ("Origin Surety"), an insurance agency specializing in surety brokerage services for the renewable energy ...