Surety Bond - Construction Bond Alternative - Bid Bonds - Financial Guarantee - Performance Guarantees

Surety Bond - Construction Bond Alternative
IBCS

Surety Bond - Construction Bond Alternative

Securing a Construction Bond in today's marketplace is tough. Since September 11th, many corporate sureties have gone out of business, leaving small-to-mid-size construction companies to fend for themselves. Construction companies need alternatives to traditional Construction Bond methods. Many find alternatives to Surety Bonds as their risk management solution.

The Scarborough Bond & Guarantee Program

That's where we can help. We've been on the front-lines, alongside state and local governments to pass the House Bill 169. The purpose of this bill is to help construction companies obtain Construction Bond solutions. IBCS offers risk management alternatives to traditional Construction Bonding methods in the form of Individual Sureties.

As an authorized Risk Manager for the Scarborough Bond & Guarantee Program, we fill the much needed niche for mid-range companies seeking bid bonds and financial guarantees. .

Surety Bond - Construction Bond Alternative

IBCS is not a Construction Bond Broker. We are a risk management company offering Individual Surety Bonds as a solution to the demise of corporate surety funding. We offer Construction bond-related instruments in lieu of a bid bond, construction bond and surety bonds. We're changing the way Construction Bonds are executed with our extremely efficient construction bond, surety bond and bid bond alternative solutions.

Beyond the construction bond industry, we also handle general business financial guarantees for a wide range of industries and commodities.

 

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Disclaimer: This page is not meant to provide conclusive legal definitions of construction surety bonds. It is only to serve as a reference by which you may conduct further research into the legalities of construction surety bonds. The contents of this web site are subject to change / revision without notice.

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Phone: 434-434-944-5600


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Surety Bond - Construction Bond Alternative - Bid Bonds - Financial Guarantee - Performance Guarantees