Date Published: April 15, 2014
We’ve recently received many calls about bonding a services agreement for a large wireless provider for the construction of cell phone towers. Some require a performance and payment bond, other companies require only a payment bond. While there are a couple items in the contract that are a little different than most, qualifying for the bond should be easy. We’ve already written bonds for 3 separate companies, and all it takes is good credit.
3 easy steps to getting the bond.
1) Complete this application
2) Submit a copy of the Master Construction Services Agreement and Amendment
3) If credit is good, it’s approved.
For those with some damaged credit, all is not always lost. Depending on what is hurting the score, with additional information we can usually still write the bond. Regardless, the first course of action should be to follow the steps above.
Some companies that approach their insurance agent are having a difficult time getting this approved. This is just due to the fact many agents do not write bonds on a regular basis and lack the expertise to quickly write. Others may not be licensed in all 50 states. Not only is bonding all we do, but we’ve already read the contract for most of these wireless providers, and we are licensed in all 50 states, making bonding a breeze.
Call us with any questions at 877-654-2327 or complete those 3 short steps and get a quote the same day.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.