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...

How Do I Increase My Bonding Capacity?

Derived from NASBP’s Answers to 51 Questions Small Contractors Ask About Bonding Like bank credit, bonding is mainly dependent on strong financials and adequate liquidity for a contractor to take on construction projects. Bonding capacity is the maximum amount of...

What is a Bank Letter?

Integrity Surety is a large writer of SBA-backed SBA Surety Bond Guarantees, and has several programs that require a “Bank Letter” with certain information. Also, oftentimes, a particular surety submission, particularly for a Performance Bond, needs a...