What Is A Freight Broker Bond?

Freight Broker Bond season is approaching, and now more than ever, the world relies on truckers. These bonds are often referred to as BMC-84, Freight Broker, or FMCSA (Federal Motor Carrier Safety Administration) bonds. It guarantees that the broker will operate in...

Subdivision Bonds In Washington

In Seattle, like many cities across the US, it’s hard to drive a few miles without passing a group of new townhomes or luxury apartments. For these projects, developers will likely have to get a Subdivision Bond. These bonds are classified as contract bonds or...

Our Courier Fee Is Increasing

In order to keep up with increasing UPS costs, we’ve had to increase our overnight courier fee to $45. Remember, if you have your own UPS account, we’re always able and happy to bill your account rather than charge our $45 fee. Please provide your UPS account number...

Can I get a refund on a Performance Bond?

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...

Bid Bonds in Washington

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...