Does your company have growth goals? Does your company need additional surety capacity to reach those goals? Maybe you’d like to bid on larger projects, or maybe a longtime customer wants to hire you for a much larger project.While a standard surety program is not “one size fits all” for every contractor, there are crucial steps you can take to help you graduate from a credit-based quick bond program to a standard, larger surety program:
Keeping surety qualifications top of mind as part of your scaling strategy will help set the stage for ongoing eligibility for larger bonds.
Publisher: Insurance Journal