surety bond cost

Factors That Will Impact Your Surety Costs

It is known by many that several factors may hinder your surety bond cost. As a construction business bidding for contracts, it is essential to control and regulate the surety cost.

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surety bond, construction bond

Information You Need Before Applying for a Surety Bond

Construction and commercial bonds are the two primary types of surety bonds in the industry. To get construction bonds, you need 4 of these documents before you start your application.

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Surety Claim for performance bond

MAKING A SURETY BOND CLAIM

Surety bonds offer critical protection to the construction project owners against contractor default and are essential to any prudent construction risk management strategy. 

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Surety AssociationThe Surety Association of Canada (SAC) is the national trade advocacy association that represents the interests of the surety industry across Canada. Its members consist of primary surety firms, surety reinsurers, surety/insurance brokers, and other organizations that provide related and complementary services to the surety industry