Construction bonds are vital tools in the construction industry. A construction bond is an instrument arising out of suretyship law. A project owner may require a contractor to obtain one or more ...

There are three types of bonds that afford financial protection in connection with a construction project: payment bonds, performance bonds, and bid bonds. Below is a primer on the differences between ...

The relationship between construction management and general contracting powerhouse Crossland Construction Co. and insurance broker and surety bond producer IMA Inc., both based in Kansas, goes back ...

Surety bonds are the underpants of many kinds of commercial construction; warm and comfortable, and in case of an accident… Sureties go with bonds like… well, like elastic goes with undies to keep ...

Lowering the cost of required surety bonds can help construction subcontractors reduce the monetary burdens - here are seven tips to help reduce those costs Mar 8, 2018 Running a business as a ...

Performance bonds, common in industries like construction and real estate development, are issued to ensure the completion of a large project. A performance bond is a financial instrument that helps ...

PUNE, India, Feb. 2, 2026 /PRNewswire/ -- Global Surety Market was valued at USD 23,462.34 Million in 2025, and the surety bond industry is projected to grow at a CAGR of 5.06% from 2025 to 2032, ...

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 ...

The surety industry is asking federal, state and local officials to take emergency action to update decades-old surety rules requiring stamped notarizations and ink signatures that the Covid-19 ...

Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...

Surety insurers have maintained underwriting and operating profitability, producing net profit margins above 30% during each of the past 11 years from 2014 to 2024. AM Best reported that the surety ...