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Carleigh Osen, Author at Surety1 - Page 3 of 31

Idaho Indemnity Bond for Investment Advisers

Indemnity Agreements, Explained: Part 1 – Overview

This is Part 1 of our two-part post on indemnity agreements. Continue with Part 2 here.
Indemnity agreements are a standard document in the surety and insurance industry, but for those outside the industry, they can be relatively unknown. If you are not a lawyer, they can be near impossible to understand. If you are not  someone working in the …

 

How to Become a Licensed Arizona Motor Vehicle Dealer

How to Become a Licensed Arizona Motor Vehicle Dealer

A Step by Step Look into Becoming a Licensed Arizona Motor Vehicle Dealer
Opening a Motor Vehicle Dealership doesn’t have to be a difficult and tedious process.  If the applicant is prepared and informed about the necessary steps to obtain an Arizona Motor Vehicle Dealer license, the process can be very smooth.  If these steps are followed, applicants can greatly ease …

 

How to Start an Import/Export Business

How to Start an Import/Export Business

Starting an import/export business can be very easy and fairly inexpensive to start up.  This blog post will discuss the how you can start an import/export business and how bonds and custom brokers can play a role in your business. 
Determine the Type of Import/Export Business You Wish to Open
There are three different kinds of import/export businesses. An export management company …

 

Money Transmitter

How to Become a California Motor Vehicle Dealer

There are four possible license types that applicants can apply for with the California Department of Motor Vehicles (DMV):

New/Used Auto-Commercial license
Commercial Used Auto license
Wholesale Dealer Only license
Auto Broker license

This post will focus mainly on the New/Used Commercial License and the Commercial Used Auto License. The motor vehicle dealer license only applies to the dealer, not the salespeople …

 

The History of Surety and Suretyship

A Brief History of Surety
The principles of suretyship and of surety are not new to the world. While many may not even know what a surety bond is, there is a very deep and rich history of surety and suretyship. The ideals of suretyship are widely traveled and have spread to more corners of the earth than many of us …

 

Construction Surety Bonds at Fiscal Year End

Construction Surety Bonds at Fiscal Year End

The fiscal year is winding down for all states but Alabama (ends September 30), Michigan (September 30), New York (March 31), and Texas (August 31).  The other 46 states see their fiscal year ending on June 30.  With the good and growing economy, some states are projecting that they will see revenue surges as the year comes to an end. …

 

Public Works Contractors: Renew with DIR

Public Works Contractors: Renew with DIR

The California Department of Industry Relations (DIR) requires contractors that wish to bid public works projects register each year. This law was enacted in 2015, but what many may not realize is that the DIR requires the contractor to renew its registration each year prior to start of the fiscal year (July 1 – June 30).  The registration is $300 annually. Click here …

 

Performance and Payment Bonds for E-Rate Contracts

Performance and Payment Bonds for E-Rate Contracts

If you are a company that does business in the public arena for school districts, you are probably familiar with the E-rate program.
This program, also called The Schools and Libraries program was implemented to make telecommunications and information services more affordable for schools by way of the Universal Service Fund. The E-rate program was implemented in 1997 by the Federal …

 

Surety1 Talks Bonds at Hawaii Trade Show

Surety1 Talks Bonds at Hawaii Trade Show

Surety1 flew over to Hawaii to visit clients and participate in Douglass Trade show’s annual conference, the Hawaii Building, Facilities & Property Management Exposition on April 9 and 10.  The convention was targeted at private building owners and managers to meet with vendors about all matters concerning facilities management.  As one of those matters, we felt the important need to shed light to the benefits of surety …

 

What is an 8a Contractor?

What is an 8a Contractor?

Explaining what the 8a program is, requirements to become an contractor within the program and how to obtain bonding as an 8a construction contractor.
In 2014, the the U.S. federal government spent over $14 billion on contracting. The Small Business Administration (SBA) is charged with the task of seeing that small businesses get their fare share of these contracting dollars. …