October 2010
1 post
WHAT IS A PERMIT BOND?
When a contractor is required to obtain a permit from a city or town for a project many times a permit bond will be required. Permit Bonds are a sub-category of bonding. These commercial bonds guarantee that the contractor will obey all statutes, codes and ordinances required by the local government. Such bonds provide payment to the local government or, in some instances to third parties, for...
August 2010
1 post
WHAT IS A SURETY BOND?
In its simplest form a surety bond is a contract among at least three parties. The first is designated the “OBLIGEE”, which is generally the party requesting you to get a bond for work you are about to perform or to guarantee that you will perform some obligation. The second is designated the “PRINCIPAL”, this is going to be you the party who will be performing the contractual obligation. Finally...
July 2010
2 posts
Things To Consider When Searching For Bid Bond...
When bidding on most jobs where a Governmental Entity is the owner a bid bond will be required. The bid bond protects the Governmental Entity from unqualified bidders.
In most cases time is of the essence in obtaining bid bonds. When you do business with FIDELITYANDSURETYBONDS.COM you deal with a company that only writes bonds. Our expert staff can in some circumstances get you a bond the same...
Bid Bonds for Public Works Projects
In almost all cases when a contractor is going to submit a bid for any project that is funded with public funds a bid bond will be required. Most of the public construction work is accomplished by private sector firms. These jobs are awarded to the lowest responsive bidder through a competitive sealed bid system. Surety bonds play a vital role in making the bidding process work.
The use of the Bid...
March 2010
1 post
8 Reasons Why Your Dealership Should Be on...
Dealing with the growing set of social media outlets can be daunting for auto dealers. However, ignoring these trends could mean passing up a great marketing opportunity. To put this latest trend into perspective, consider where you and your business were twenty years ago when the internet was relatively new. Not many dealerships had a website to promote their business. Over time, dealerships...
September 2009
1 post
Personalized Bath Towels →
August 2009
1 post
Card
The younger generation seems to be into the singing cards and personalized holiday cards. Retail stores rarely carry the variety of holiday cards people want let alone any service for custom holiday cards. And, there are new outlets for such items like custom Christmas recipe cards for all generations. Some of the most popular cards are designed for teenagers and include both the custom photo...