Some licensing authorities require that plumbers file a surety bond before they can be legally licensed. Licensing regulations vary by jurisdiction, of course, so plumbers should always check with the ...

Surety bonds are a means for independent contractors and small businesses to guarantee their performance under a contract. Surety bonds financially compensate the client if the contractor does not ...

The process of obtaining contract bonds for the first time can be confusing, while mistakes or misunderstandings can lead to serious problems. That’s why it’s vital to ensure you and your contracting ...