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, ...

In a recent case from the U.S. District Court for the District of Columbia, United States ex rel. Scollick v. Narula, Case No. 1:14-cv-01339, two surety companies and the broker that issued bonds on ...

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 ...

If you’re hiring a home contractor, you’ve probably heard the advice, many times — make sure your contractor is licensed, bonded and insured. HThere are a lot of reasons you’ll want to pay attention ...

Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that come along with the construction industry. A surety bond is an agreement ...

Construction bonds ensure project completion and quality, protecting owners if a contractor fails. Contractors must provide financials and project details to secure bonds. Multiple bond types cover ...