Gourt > Business > Financial Services > Surety Bonds (1)
A surety bond is a contract among at least three parties: (i) the principal, (ii) the obligee, and (iii) the surety. Through this agreement, the surety agrees to make the obligee whole (usually by payment of money) if the principal defaults in its performance of its promise to the obligee. The contract is formed so as to induce the obligee to contract with the principal, i.e., to demonstrate the credibility of the principal.
Suretyship bonds originated hundreds of years ago as a mechanism through which trade over long distance could be encouraged. They are frequently used in the construction industry: in order to obtain a contract to build the project, the general contractor (and often the sub-contractors as well) must provide the owner a bond for its performance of the terms of the contract. Conversely, owners and contractors may also provide payment bonds to ensure that subcontractors and suppliers are paid for work done. Under the Miller Act, payment and performance bonds are required for general contractors on all U.S. federal government construction projects where the contract price exceeds $100,000.00.
Surety bonds are also used in other situations, for example, to secure the proper performance of fiduciary duties by persons in positions of private or public trust.
More on [ Surety bond ]
Insurance :: Financial Services
Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds .. http://short.ie/ungq2q
NewsInsider (Pakistan Inside News) Sat, 19 Dec 2009 17:21:05 -0000
Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds .. http://short.ie/ungq2q
PK- Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds after having his arres...
3 (BBC CNN Dawn News ) Sat, 19 Dec 2009 16:03:00 -0000
PK- Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds after having his arres...
NEWS: Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds... http://bit.ly/74dbiQ
Abdullah1213 (Abdullah Ali) Sat, 19 Dec 2009 15:58:51 -0000
NEWS: Babar Awan granted bail by local court: The minister appeared before the court and submitted two surety bonds... http://bit.ly/74dbiQ
is reading 'Selecting From the Many Types of Surety Bonds' http://tinyurl.com/ydp8vzz
TessiTCarolan (TessiTCarolan) Wed, 16 Dec 2009 10:10:34 -0000
is reading 'Selecting From the Many Types of Surety Bonds' http://tinyurl.com/ydp8vzz
New blog post: Surety Bonds - The Basics http://mikesinternetmarketing.com/surety-bonds-the-basics-2/
mmullvain30 (Mike Mullvain) Wed, 16 Dec 2009 07:29:56 -0000
New blog post: Surety Bonds - The Basics http://mikesinternetmarketing.com/surety-bonds-the-basics-2/
Surety Bonds - The Basics http://mikesinternetmarketing.com/surety-bonds-the-basics-2/
mmullvain30 (Mike Mullvain) Wed, 16 Dec 2009 07:29:56 -0000
Surety Bonds - The Basics http://mikesinternetmarketing.com/surety-bonds-the-basics-2/
Surety, Inc. - An independent national wholesale brokerage firm.
Meta Description: [ Casualty & Surety,
Inc. is an independent national wholesale brokerage firm domiciled in
Birmingham, Alabama. CSI listens to the unique insurance demands required
in today's competitive environment. - Apex Insurance Managers,
Inc. is the underwriting and pr... ]
AAA Surety Company - Providing surety bonds to Contractors, Insurance Agents, Business Owners and the Legal Community in the Dallas/Fort Worth area.
Meta Description: [ Providing surety bonds to Contractors, Insurance Agents, Business Owners and the Legal Community in Texas for over 50 Years. ]
Ameribonds Surety - Offers free information and ordering of all types of bonds. Licensed in Illinois and California.
Meta Description: [ Surety Bonds California surety bonds, Texas surety bonds, surety bonds CA, TX surety bonds, Florida surety bonds, FL auto dealer surety bonds, NJ, SC, WA, adjuster license, Illinois surety bonds, IL FL NY MI CO OH MO WI IN NC PA TN OR, bad credit program. ]
Beach City Bonds - National surety bond provider offering all types of Surety Bonds.
Meta Description: [ National Surety Bond Agency providing Surety Bonds of all types. ]
Bonds Only, Inc. - Offers bid, performance and payment bonds. Also provides bonding contractors in Florida, Georgia, North and South Carolina, Virginia, and Tennessee.
Meta Description: [ Bonds Only, Inc. specializes in pre-qualifiying contractors for specific projects and
prospective work programs, as well as developing contractors for safe and profitable
growth. ]
Bondsexpress - Offers 24 hour turnaround on Surety Bonds.
Meta Description: [ Surety Bond approvals in 24 hours..All types of Surety Bonds,including,dealer,mortgage broker,court, bid and performance bonds,Special Program Surety Bonds ]
CNA Surety - Supplies all types and sizes of contract and commercial surety and fidelity bonds.
500
Courtbonds.com - Offering court bonds.
Meta Description: [ CBIC is pleased to offer Courtbonds.com to
attorneys and insurance agents as a convenient way to begin the application
and underwriting process. ]
Esuretybond.com - Offers all types of surety bonds throughout the nation.
Express Surety Bond Services - Specializes in several types of Florida surety bond programs.
Meta Description: [ Commercial insurance from Express Surety Bond Services specializes in all types of surety bonds including court bonds, fidelity bonds, payment & performance bonds, insurance surety bonds, construction bonds and more. ]
Fidelity and Deposit Companies - Surety products focusing on construction and commercial surety customers.
Meta Description: [ A leader in business insurance, provides property, casualty and specialty insurance and risk management solutions to businesses throughout the United States. ]
Guardian Group - construction management - surety bonds, fidelity claims.
H Agency.com - Bonding and insurance company specializing in the construction industry.
Meta Description: [ CH Agency provides unique and comprehensive solutions to every insurance and surety needs. ]
JW Bond Consultants, Inc. - Surety bonds for clients with good and bad credit.
Meta Description: [ JW Surety Bond Consultants specialize in a variety of surety bond types including performance bonds, mortgage broker bond, subdivision bonds, contract bonds, surety bonds, construction bonds, etc. ]
King Surety Group - Contract bonding for the construction industry
Mezra Finance Ltd - Based in UK, arranges bid bonds, performance bonds, and insurance wraps for projects from London market.
Meta Description: [ London based Mezra Performance Bonds Ltd sources performance bonds, and other insurance bonds and financial guarantees, on behalf of its clients in UK and worldwide. ]
North Coast Surety - Provides performance and payment bonds to the construction industry.
Poindexter Surety Services - U.S. provider of bail bonds, federal bonds, immigration bonds and bail agency contracts.
Rocky Mountain Surety - Located in Colorado, provides bonds to contractors in Colorado, Arizona, Utah, Nebraska, and others.
Meta Description: [ Surety bonding specialty agency proving surety bonds to businesses in the Rocky Mountain and Midwest regions. ]
Service Insurance Company - Service Insurance Company, West Orange, NJ, provides contractor surety bonds.
Meta Description: [ The Service Insurance Company provides a wide range of surety bonds including: CONTRACTOR BID/PERFORMANCE BONDS as well as all types of court bonds in NY, NJ, CT and DE ]
Skillings Shaw and Associates - Surety bond producers for the construction industry.
Meta Description: [ Skillings Shaw is the largest surety bonding firm in the Northeast U.S. dedicated exclusively to surety bonding. ]
South Coast Surety Insurance Services Inc. - License and fidelity bonds, commercial and contract bond programs. Features online applications and forms.
Meta Description: [ Great Surety Bond rates for good credit and good solutions for surety bonds with bad credit. All surety including surety bond - contractor bond - performance bond - insurance bond - court bonds - erisa bond - construction bonds - license bond etc. ]
Surety Bond Associates - Markets surety services to small, minority and women-owned contractors.
Meta Description: [ Surety Bond Associates develops and markets innovative surety services to small, minority and women owned businesses by providing assistance obtaining bonds and access to several SBA programs. ]
Surety Company of the Pacific - Provider of California contractor license bonds.
Meta Description: [ Surety Company of the Pacific is California's largest underwriter of contractor's license bonds ]
The Barbour Group, LLC - Specializes in many types of Surety Bonds and insurance.
Meta Description: [ The Barbour Group — both in the United States and abroad — provides surety bonds to general building contractors and business insurance and risk analysis reviews for professional services firms. ]
The Insco/Dico Group - All types of surety bonds.
Meta Description: [ Need a surety bond? The Insco/Dico Group provides superior service for your subdivision, contract, license, permit and miscellaneous surety bonds. ]
The Stoll Agency, Inc. - Provides surety bonds and insurance for the construction industry.
Trade Credit Solutions - Specialist credit insurance broker for domestic and export credit insurance, surety bonds and guarantees. Includes guide to product and services, and a feedback form.
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