06/10/24

Surety Bonding For Oregon Business

Ensuring that your business is compliant in Oregon is essential for any business owner, and for many that means in adding a surety bond as part of your business insurance policy.  A surety bond is a three-party agreement designed to ensure that a business or individual (the principal) fulfills certain obligations to another party (the […]

11/15/10

Bond Basics 101

  There are many different types of bonds, but of these Contract Bonds are the ones of most interest to contractors bidding public works projects. Contract bonds are also increasingly be required of subcontractors by larger generals, often at the direction of the general contractor’s surety company.  Basically these guarantee the performance and payment of […]