Bonds Insurance - Montgomery Village, MD
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3 Common Types of Bonds
Surety bonds are essentially a guarantee that the principal will perform their job as detailed in the contract. If a person or business hires a bonded contractor and the work does not get done as promised, the company that issued the bond is responsible for the resulting financial losses....
Who Should Purchase Surety Bonds for Construction Projects?
Surety bonds are one of the best tools businesses have for protecting their clients and safeguarding the outcome of projects. They can help to encourage your would-be clients to take on a project with you. They can be one of the best ways to convince lenders as well as government agencies to allow a project to go forward....
How to Purchase a Bid Bond for Your Concrete Business
It’s time to start putting some bids out for new projects for your concrete business. It is growing more common today that even moderately sized projects require bidding, the process in which the business must apply for the job and win it based on their qualifications and pricing....
Add Researching Surety Bonds to Your List of Probate To-Dos
Your mother passed away intestate, or in other words, without leaving a will. Had she left one, she would have designated someone as executor of her estate. As it stands, someone had to stand up and take responsibility for seeing to it that her estate is distributed equitably among her apparent heirs....
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