Need A Bond Before Asking For A Government Contract? Use These Tips
As your construction business grows, you may be interested in picking up lucrative government contracts for projects taking place in your area. If this your first time looking for such contracts, you may not realize that you've got to prove you're in possession of a surety bond before your bid is even considered. This kind of bond means that a professional bonding company has deemed you to be a suitable risk and will pay a sum of money to your client if your business is not able to hold up your part of the contract.