Commercial Surety Bonds represent all the other type bonds that are not classified as contract bonds. There are 4 groups they fall under:
These type bonds are for compliance with certain state requirements, job duties, statues, court enforced requirements and faithful performance to name just a few.
At Menicucci Insurance Agency, we pride ourselves on integrity and dependability. If you are looking to acquire surety bonds, Albuquerque residents can visit our local office where our agents are ready to discuss your plans and help you minimize risk.
Let us give you the security you need to go forward with your next big project. Call us today to learn more about surety and schedule an appointment with one of our agents.
Contract surety often referred to as bid, performance and payment bonds provide specific benefits to project owners, contractors, laborers, subcontractors and suppliers. Contract surety bonds also provide protection to lenders, architects, attorneys, risk managers and taxpayers.
With careful planning and underwriting, we can eliminate negative factors and contribute to a successful project delivery to all parties. Planned growth and diversification are a strategy we excel at. We achieve success through professional thorough customer evaluation and credit management.
If you have any questions about Surety Bonds or if you're ready to move forward contact us today.