Private Owners & Bankers
Surety bonds are one way to manage risk on a construction project. By requiring the contractor to obtain a surety bond, you are assured a qualified contractor and protected from financial loss in the event of contractor default.
The materials below are recommended materials for Private Owners & Bankers:
- The Benefits of Surety Bonds to Lenders
- Value of Bonding Private Projects
- Contractor Failure
- Managing Risk (Bankers)
- Managing Subcontractor Risks of Non-performance and Financial Failure: A Flash Guide to Subcontract Bonds and Subcontractor Default Insurance
- Claims Process
- Risk Management Resources (Private Owners & Bankers)
- Qualification Resources (Private Owners & Bankers)
- Standard Bond Forms
- Electronic Filing Resources
- Private Owners & Bankers Resource Downloads
- Surety Bonds: A Guide for Private Owners Flash Presentation
- Surety Bonds: A Guide for Lenders Flash Presentation
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