Sunday, September 20, 2015

New bid opportunity – bid bonds


One of the great things about surety bonds is that they allow you to get more business because you can qualify for substantially more jobs.  In addition, these jobs are typically very lucrative as the government wants to make sure that its contractors are able to make a profit (and therefore, stay in business which includes staying around to get more bond jobs.  Below we have an article on a bid bond that can help you get more work.  See more at the article below.See our WordPress page here.See our Facebook page here.http://www.pennlive.com/midstate/index.ssf/2015/09/silver_spring_township_supervi_47.htmlSilver Spring Township supervisors to vote on conservation easement purchase, surety bond for transformer transportThe Silver Spring Township Board of Supervisors plans to vote on a surety bond for any potential damage caused by the transportation of a PPL transformer through the township, at a public meeting at 6:30 p.m. today at the administrative building, 8 Flowers Drive.The ag
http://swiftbonds.com/construction-related-posts/3574/
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Friday, September 11, 2015

Government Contracting and Bid Bonds


Below is a great article on a bid bond and how that works.  It talks about the ban from government contracting and the bid bond process.  Specifically, it talks about how the winning bidder must act and how the bid bond works for suppliers, vendors, etc.See more at the article below.See our Twitter page here.See our Delicious page here.Hundreds of crooks snagged Katrina-relief moneyThe period of limitation with respect to ban from bidding government contract and recovery of the refunded or returned bid bond Where a procuring entity finds that a supplier meets one of the circumstances prescribed in Article 101 of the Government Procurement Act, the entity shall publish the name of the supplier and the relevant circumstance on the Government Procurement Gazette, which prohibits the supplier from participating in tendering, or being awarded or sub-contracted, within one year or three years (usually called ban from bidding government contract ). Since the Government Procurement Act doe
http://swiftbonds.com/bid-bonds-2/government-contracting-and-bid-bonds/
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6. What is a Bond

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Claims on a Payment Bond


Making a claim on a bond can be a difficult thing.  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 a Claim against a Payment Bond Posted by a General Contractor or Sub-Contractorposted on: Monday, August 24, 2015In construction projects that are performed either on behalf of a municipality or a state agency, a general contractor and potentially a sub-contractor are typically required to post payment and/or performance bonds with the county or municipality. A general contractor or sub-contractor is required to post a payment and/or performance bond, because this ensures that sub-contractors or suppliers are paid, and enables the Township or state agency to have the work completed should the contractor fail to do so in a timely fashion. As a supplier or sub-contractor on such a municipal or state project, it is important to know
http://swiftbonds.com/surety-bond/claims-on-a-payment-bond/
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Bonds Instead of Mechanics Liens


Bonds Not LiensAnother state has entered the fray of allowing a bond to be placed instead of using mechanics liens.  This process allows a company to put up a bond so that the mechanics lien can be eliminated, which helps facilitate the sale of the property.See more at the article below.See our Facebook page here.See our Blogspot page here.http://www.natlawreview.com/article/new-legislation-authorizes-bonding-over-mechanics-liens-first-time-illinoisNew Legislation Authorizes Bonding Over Mechanics’ Liens for the First Time in Illinoisposted on: Tuesday, August 25, 2015On July 29, 2015, Illinois enacted Public Act 99–0178, adding a new Section 38.1 (770 ILCS 60/38.1) to the Illinois Mechanics’ Lien Act (the Act). Section 38.1 authorizes interested parties in a mechanics’ lien dispute to petition for an order substituting an eligible surety bond for any lien rights arising in (1) the improved real property, and (2) the money or other consideration due or to become due from the
http://swiftbonds.com/performance-bonds/bonds-instead-of-mechanics-liens/
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How Can Uber Drivers Get Commercial Insurance?

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Exodus – Bonded By Blood

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Liability Insurance for Small Business – “liability insurance for small business”


Liability Insurance for Small Business – “liability insurance for small business”
http://swiftbonds.com/surety-bond-videos/liability-insurance-for-small-business-liability-insurance-for-small-business/
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The bond that changed history


How a Bond Changed HistoryThe numismaster site has a great article on how a surety bond changed history.  This surety bond, on the behalf of Voight, was not signed by the person that everyone that it was, but instead by four other individuals (that s just crazy and amazing).  This 221 year old document changes how history is viewed.See more at the article below.See our Twitter page here.See our Tumblr page here.http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=28087Bond changes historyAs a researcher of the technology, processes, implementation standards and people that worked at the first United States Mint, I have read many publications on a wide variety of Mint-related subjects.The general belief, without any supporting evidence, has long been that David Rittenhouse (the first director of the Mint) posted the surety bond for Henry Voigt (the first Chief Coiner of the Mint). We now know that David Rittenhouse did not post Voigt’s surety bond. Voigt’s surety
http://swiftbonds.com/surety-bond/the-bond-that-changed-history/
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What is a surety bond?

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Get Your Contractor’s License – Business Tip #1

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