A surety bond helps to guarantee that a contractor will perform construction projects according to the terms of their contract, on time and at the agreed-upon price. They allow for competitive bidding, which ensures that options are available for those
When entering into a relationship with a contractor, you may feel a certain amount of anxiety. After all, you are putting your faith in someone else’s abilities, and it is totally natural to feel a certain amount of fear in
There are many businesses and professions that are looking to conduct business in the Garden State that may be required to produce a surety bond from a New Jersey surety company that can issue them a particular license or permit.
By purchasing a NJ surety bond a contracting company becomes bonded, meaning that you, as a customer, are guaranteed services offered will be met as specified or you will be compensated by the surety company. This is a three-part agreement