Friday, August 28, 2015

What Is Surety

What Is Suretyhttp://swiftbonds.com/surety-bond-videos/what-is-suret...
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Summary of Commercial Property Insurance : Commercial Insurance Tips

Summary of Commercial Property Insurance : Commercial Insurance Tipshttp://swiftbonds.com/surety-bond-videos/summary-of-commercial-property-insurance-commercial-insurance-tip...
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Small Business Tips and Tricks: Insurance

Small Business Tips and Tricks: Insurancehttp://swiftbonds.com/surety-bond-videos/small-business-tips-and-tricks-insuranc...
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Thursday, August 27, 2015

Bond for Maize School District

Maize, which is a rival school district from the one in which I grew up in, is getting more performance bonds for the school specifically the storm shelter.See more at the article below.See our Blogspot page here.See our Tumblr page here.http://www.bizjournals.com/wichita/news/2015/08/24/hutton-construction-selected-as-projects-manager.htmlHutton Construction selected as projects manager for Maize s $70.7M school bond planHutton...
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Wednesday, August 26, 2015

More bonding capacity for Main Street

Main Street Group gets more bonding capacity.  Hey, it s always great to see a company get more bonding power.  This allows us to write more performance bonds for our clients.  Way to go guys.See more at the article below.See our Delicious page here.See our Twitter page here.http://www.businesswire.com/news/home/20150826005675/en/U.S.-Treasury-Increases-Main-Street-America%E2%80%99s-Surety#.Vd3TvPZVikoU.S. Treasury...
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Tuesday, August 25, 2015

Claims against a Payment Bond – It can be Tricky

Making a claim against a payment bond can be a tricky thing. As a contractor, you do not want to make the claim too early as the subcontractor may cry foul.  Also, the claim must be documented and you want to follow the steps to protect yourself.See more at the article below.See our WordPress page here.See our Facebook page here.http://www.natlawreview.com/article/making-claim-against-payment-bond-posted-general-contractor-or-sub-contractorMaking...
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Monday, August 24, 2015

New Bid Bonds, Surety Bond, Fidelity Bond provider in Louisian

As you can see below, there is another bond company option in Louisiana.  Although Louisiana is not totally without a surety company, it is always nice to see another good player in the pace. This allows our customers to get better service and rates in Louisiana.  See our WordPress page here. See our Twitter page here.A great picture of a downtown construction site.http://swiftbonds.com/new-bid-bond-provider-in-lou...
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Breach of contract – Surety Bond troubles

Contractual relationships rule the day.That s the real lesson in performance surety work.  It s all about how the contracts are worded and whether the parties adhere to the contracts.  In the article below, the contractor was unhappy with the water board because they did not extend the time limit, per the terms of the contract.See our Delicious page here.See our Tumblr page here.http://louisianarecord.com/stories/510632496-sewerage-and-water-board-sued-by-construction-company-for-alleged-1-million-plus-breach-of-contractSewerage...
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Why surety bonds are needed

n the construction industry, surety bonds are required by a variety of entities for a variety of reasons.  In addition, many other sectors of the economy require a surety bond just to operate their business.  These bonds, called license and permit bonds, are used to make sure that the regulated entity pays their respective taxes, fines, etc.Below is a great example of why surety bonds should be used.  In this case,...
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Who needs a fiduciary bond?

A fiduciary bond is needed by persons in certain circumstances, such as when you need one for a probate matter.  In these cases, a probate bond (which is a specialized type of fiduciary bond) is required by statute and guarantees that the probate administrator does not abscond with funds from the estate.See more at the article below.See our Blogspot page here.See our Tumblr page here.http://www.natlawreview.com/article/fiduciary-bonds-who-needs-themFiduciary...
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Surety bonds needed for students

Medical students and now going to be required to post a surety bond so that when they graduate, they won t just run off and make money.  No, instead, they will go out and go a responsible, give back to the community job, for at least a year..  For these students, a surety bond (which is a specialized type of bond) is required by statute and guarantees that the students will give back to the community.See more at...
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Alabama – Fuel Tax Changes

There are new fuel tax bond requirements in Alabama for petroleum seller.  In October of 2016, there will be a change to the fuel tax bond that is required.  Remember, a fuel tax bond is a type of surety bond and is required by statute and guarantees that taxes will be paid to the state.See more at the article below.See our Delicious page here.See our Diigo page here.https://www.suretybonds.org/blog/alabama-new-fuel-tax-bond-requirement/New...
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Update on Medical Students need for Surety Bonds

Medical students and now going to be required to post a surety bond so that when they graduate, they won t just run off and make money.  No, instead, they will go out and go a responsible, give back to the community job, for at least a year..  For these students, a surety bond (which is a specialized type of bond) is required by statute and guarantees that the students will give back to the community.See more at...
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Florida Medical Marijuana – Surety Bond update

In Florida, several companies have applied to be the state s medical marijuana dispensing organization.  For these companies, a surety bond (which is a specialized type of bond) is required by statute.See more at the article below.See our Facebook page here.See our Twitter page here.The six nursery businesses that have applied to be Southwest Florida’s medical marijuana dispensing organization are turning to prominent...
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New Contractor for Edinburg

The city of Edinburg dropped its contractor and voted to allow performance bond provider Hanover Insurance Company to appoint a new contractor to finish the project.See more at the article below.See our Blogspot page here.See our Tumblr page here.http://swiftbonds.com/new-contractor-for-edinbur...
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Thursday, August 6, 2015

Performance Bonds - They're there for a reason

Performance Bonds - They're there for a reasonhttp://swiftbonds.com/performance-bonds-theyre-there-for-a-reaso...
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