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A surety bond is an "agreement providing for monetary compensation in the event of a failure to perform specified acts within a stated period. The surety company, for example, becomes responsible for fulfillment of a contract if the contractor defaults." (einsure.com)

If you're interested in a surety bond for your construction project, International Bonding & Construction Services may be able to help. We offer alternatives to surety bonds that help those companies who were unable to obtain adequate surety bonding in the past due to increasingly stringent corporate surety requirements.

If you've been turned down for a surety bond in the past, you may be able to qualify for our construction bond alternatives. Contact IBCS today.

 

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.


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