Whether you are required to by law or are simply looking for protection during a contract job, Marsh-Kemp can walk you through the intricacies of obtaining a surety bond. There are two types of bond packages – Commercial and Contract – and our agents have the expertise to put together the right surety bond plan for you.
Commercial bonds are those required by the government as a condition for engaging in a particular business, typically one that require compliance with laws and regulations. This includes a wide range of professions, from court officials to auctioneers, mortgage brokers to road salt contractors.
Contract bonds are those that a construction company, general contractor or the government might require a contractor to obtain. It is a written agreement between two parties, insuring against improper project bidding, failure to complete the project, and failure to pay.