Monthly Archives: September 2018

The Mystery of Non-Construction Contract Surety Bonds

Since 1893, the federal government has required contractors to obtain bonds for federal public works projects to assure performance of the contract and payment to certain laborers and materials suppliers. The federal law mandating surety bonds is the Miller Act of 1935. Most states and local jurisdictions have similar legislation, commonly referred to as [...]

By | 2020-07-21T10:37:06-07:00 September 12th, 2018|Uncategorized|Comments Off on The Mystery of Non-Construction Contract Surety Bonds

How Can a Contractor Increase Their Bonding Capacity?

How can a contractor take it's bonding capacity to the next level? Steven Swartz PRESIDENT/CEO South Coast Surety Construction Executive magazine featured Steve in their 14th annual 'Contractor's Guide to Surety Bonding' where he answers the question that many contractors have - how does a contractor grow their surety bonding capacity? Steven Swartz: "Some [...]

By | 2020-07-21T10:38:31-07:00 September 12th, 2018|Uncategorized|Comments Off on How Can a Contractor Increase Their Bonding Capacity?