by Sierra Maine | Apr 26, 2022 | Uncategorized
The construction industry is unpredictable, and a change in contract price is common. Many contractors wonder if they can get a refund on their bond premiums. The answer is sometimes. But also, sometimes there can be an additional billing Performance Bonds guarantee...
by Sierra Maine | Apr 12, 2022 | Uncategorized
What is a Washington bid bond? Let’s say an obligee (usually a large general contractor, a government body, or an institution such as a school or church) wants to hire someone to do a project for them. They could request bids to see which contractors can provide the...
by Sierra Maine | Apr 5, 2022 | Uncategorized
In many states, to be a licensed contractor, you are required by the state to have a bond. Sometimes it’s state-regulated, and other times it differs between counties or even cities. In some states, the requirement is the same for everyone, and sometimes it’s set by...
