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

All construction project owners, lenders, and contractors take note: a recent federal court opinion offers a reminder that additional obligees on a performance bond must comply with all conditions ...

There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

A surety bond is a way of ensuring that a business makes good on its obligations when it's hired to do a job. Many, or all, of the products featured on this page are from our advertising partners who ...

Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...

"In addition to surpassing the $100 billion mark in 2025 for small business lending and SBIC investment, the Trump SBA guaranteed a record $10.6 billion through our Surety Bond Guarantee Program to ...