admin@sws

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How do I get a bond?

You will need to provide your financial information to a bank or insurance company. They will evaluate your financial health, cash reserves, etc and determine a bonding capacity for you. This is the max amount they are willing to bond you for, on a per-project basis.; We call this your “bonding capacity”.

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What is it?

A construction bond, is a contract surety bond. (This is not the same as Treasury bonds, Corporate bonds, etc that you might have heard of in the context of investing or our countries economy)