Performance Bonds
How is the cost of a bond determined?
Some contract surety bond costs are related to a contractor’s qualifications, while others are based on the scope of work or the classification of construction work that is being completed. The contract price is also a factor. Learn more about how the cost of a bond is determined from our Blog.
New to contract bonds? We have the answers to all your questions.
More from our blog:
Why Young Professionals Should Consider a Career in Surety
Surety is a specialized field that blends financial analysis, risk management and relationship-building to support a wide range of industries. …
Read more
Behind the Scenes: Understanding the Claims Process
At Old Republic Surety Company, the claims process is more than just a procedural necessity. It’s a critical function that protects our company’s …
Read more
Building at the Edge of the Earth and Beyond
Spotlight on Gunderson Marine & Iron, responsible for the floating barge pier project at McMurdo Station, Antarctica.
Read more
Another surety might have said “no” to this project, but I give credit to Old Republic for believing in the contractor and in me as the agent. Darrel chose not to take the easy way out and give up on it. He trusted me, and that means a lot in this business.
