Secrets of Bonding 101: S-T-R-E-T-C-H That Bonding Line

Here is an easy and legitimate way to fit more projects into a bonding line. Virtually all Surety Bonding programs include a "single job limit" meaning the maximum dollar value of one bonded contract, and an "aggregate amount" which is the maximum permitted exposure at any one time. When a construction company gets close to their aggregate amount, it can hinder the ability to pursue additional projects and keep their pipeline full. ..»