ORSC Blog

How the Cost of a Contract Bond Is Determined What goes into determining the cost of a contract bond? Here is a basic introduction.
Translating the Top 5 Most Cringeworthy Surety Conversations As bond managers, we always look for ways to help our agents, contractors and project owners better understand surety. It can be a pretty arcane subject, and not ...
Do I Need to Increase My Bank Line of Credit? You’re bidding on a new project, and the surety company says you need to increase your bank line of credit. Why, you may ask, do I need so much credit when I’ve ...
How to Get Your First Bond, Part 2 Are you ready for your first surety bond? In Part 2 of this two-part blog, Mueller provides additional advice. Be sure to read Part 1 here. In my first blog on ...
How to Get Your First Bond, Part 1 This is Part 1 of a two-part article on acquiring your first bond.  Be sure to read Part 2 of Mueller’s advice for acquiring your first bond. Are you ready for ...
Advantages of Working with an Independent Agent Right now, more than ever, we’re living and working in a highly automated, self-service world. Sometimes automation is welcomed — it can be efficient and a great ...
The Relationship between You, Your Agent, and Your Surety No matter what business you are in, you may need a surety bond at some point in time. This could range from a simple business services bond to a ...
As 2020 Closes: Consider Alternative Accounting Methods on Long-Term Contracts To say that 2020 has been a challenging year would be an understatement. Many small businesses across all industries were hit hard by the COVID-19 global ...
Maintaining Surety Credit in Times of Growth and Transition Most construction companies in the U.S. are owned by an individual or the members of a family. Yet, according to the Family Business Alliance, only 30% of ...
Why Your Construction Company Needs a Buy-Sell Agreement Has the topic of buy-sell agreements come up in discussions with your attorney, surety agent or accountant? Chances are someone who cares about the future of your ...

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