The Surety & Fidelity Association of America (SFAA)The Surety & Fidelity Association of America (SFAA)

jburger6
Apr 21
1 min read

The Service Insurance Company very much appreciates the SFAA, NASBP and industry leaders’ efforts to educate legislators about the importance of ensuring consistent bonding for public-private partnerships and how surety bonding is critical in protecting public entities, taxpayers, contractors, subcontractors, laborers and suppliers alike!

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What is the cost of Performance and Payment Bonds?

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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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The Surety & Fidelity Association of America (SFAA)The Surety & Fidelity Association of America (SFAA)

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