Thanks everyone and Stephanie from our office for participating in the PIA event and Service Insurance Co Surety Bonds as a proud sponsor.
Applying for a contractor bid and performance bond involves a few steps, and it typically goes through a surety company submitted by...
Typical Cost (Premium Rate) Standard range : 1% to 5% of the total contract amount. Example: On a $1,000,000 contract, the bond premium...
1. Bid Bond When it's used : During the bidding phase of a project. Purpose : To guarantee that the contractor (bidder) will enter into...
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