Surety Made Simple
HR & Financials • 56m
View and download the slide deck: https://tinyurl.com/SuretyPCA
In today’s competitive environment, bonding can be more important than ever for a subcontractor. Are you using it to your company’s advantage for business development opportunities? Learn as Surety Marketing Specialist Chad Rice presents "Surety Made Simple," and discusses strategies with bid bonds, payment bonds, performance bonds, supply bonds, and more.
While surety bonds have historically been used on public work projects, lenders now frequently require them of general contractors, which means major subcontractors are also being asked for bonds. This webinar will explore the bond process and provide an overview of what successful contractors know when providing a surety bond, including:
*How surety can help provide more business development opportunities
*What the surety market is like today
*How the underwriting process can be simplified
Learning objectives include gaining a better understanding of:
*Various types of contractor bonds
*The bond underwriting process
*Successful contractor surety characteristics
*Avoiding common pitfalls of contract failure
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