License Bonds
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Rescooped by Freddie Dostal from License Bonds
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United Surety Bonds - Bid & Performance Bonds

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United Surety Bonds

Freddie Dostal's insight:

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

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Freddie Dostal's curator insight, June 30, 2014 7:06 AM

Meanwhile, performance bonds are used for securing an agreement with a contractor in order to guarantee that they commit on a certain project. To be more certain, companies secure these performance bonds as surety bonds to a service provider as a guarantee that the worker will work with the specific project to the end as given in the conditions.

Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Rescooped by Freddie Dostal from Payment Bonds
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United Surety Bonds - Bid & Performance Bonds

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United Surety Bonds


Via Brittni Buonocore
Freddie Dostal's insight:

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

more...
Freddie Dostal's curator insight, June 30, 2014 7:06 AM

Meanwhile, performance bonds are used for securing an agreement with a contractor in order to guarantee that they commit on a certain project. To be more certain, companies secure these performance bonds as surety bonds to a service provider as a guarantee that the worker will work with the specific project to the end as given in the conditions.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Rescooped by Freddie Dostal from Permit Bonds
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it

United Surety Bonds


Via Maynard Leiser
Freddie Dostal's insight:

Meanwhile, bid bonds are generally used in projects issued with performance bonds. Bid bonds that are linked to surety bonds are often offered to a bidder who wins. 

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Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Rescooped by Freddie Dostal from Surety Bonds
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it
United Surety Bonds

Via Roxy Knick
Freddie Dostal's insight:

A bond is a legal written document saying that one party has agreed to pay every six months the interest and at the maturity date of a debt, the principal amount. Bonds come in differing types and classifications. Two of which are surety bonds and bid bonds. 

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Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Rescooped by Freddie Dostal from Bid Bonds
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it

United Surety Bonds


Via Booker Malick
Freddie Dostal's insight:

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

more...
Freddie Dostal's curator insight, June 30, 2014 7:06 AM

Meanwhile, performance bonds are used for securing an agreement with a contractor in order to guarantee that they commit on a certain project. To be more certain, companies secure these performance bonds as surety bonds to a service provider as a guarantee that the worker will work with the specific project to the end as given in the conditions.

Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Rescooped by Freddie Dostal from License Bonds
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it

United Surety Bonds


Via Maggie Maier
Freddie Dostal's insight:

Meanwhile, performance bonds are used for securing an agreement with a contractor in order to guarantee that they commit on a certain project. To be more certain, companies secure these performance bonds as surety bonds to a service provider as a guarantee that the worker will work with the specific project to the end as given in the conditions.

more...
Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Rescooped by Freddie Dostal from Performance Bonds
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it

United Surety Bonds


Via Cleotilde Rupert
Freddie Dostal's insight:

Therefore, if ever complications will happen during the completion of a project, payment will be imposed to the party who was provided the favor. 

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Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor. 

Scooped by Freddie Dostal
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United Surety Bonds - Bid & Performance Bonds

United Surety Bonds - Bid & Performance Bonds | License Bonds | Scoop.it
United Surety Bonds
Freddie Dostal's insight:

These surety bonds for protecting the financial status of every party can be issued by either the contractor, who will perform the project, or the company that will be getting the contractor’s services. Even so, they can't issue the bonds by themselves because they need a particular financial institution to issue it for them. 

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Freddie Dostal's curator insight, June 30, 2014 7:06 AM

For example, a certain company requires a contractor for their upcoming project. Before the company employs one particular contractor, bidding will be taken first. The necessary financing will be talked about soon after the project has been awarded to the winning bidder..

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

In some way; these above mentioned bonds are one of the most commonly used bonds for construction. As said, projects which involve construction of real-estate properties utilize surety bonds as a way of protection.

Freddie Dostal's curator insight, June 30, 2014 7:07 AM

Parties who was given the favor will surely reap the benefits of any of these bonds. If a developer gets a bond, a contractor will benefit from payments and developers will be accountable in case problems arise about the project. It also works vice versa if ever the bond is directed towards the contractor.