When Contractors Over or Underbill
Over or underbilling by a contractor can be a big problem for obtaining your bid and performance bonds from your surety bonding company. According to generally accepted accounting principals, contractors should report earnings based on the percentage…
Read Moreabout When Contractors Over or Underbill
The Three C’s of Surety Bonding
The underwriting process for surety bonds involve researching and evaluating the risk of bond applicants. Though every surety company creates their own diverse criteria and guidelines for underwriting, the same three basic factors are habitually…
Read Moreabout The Three C’s of Surety Bonding