(877) 654-2327

Surety1 was Founded in 2003.  Low-Cost Bond Provider.  Over 150,000 Happy Customers and Counting!   Find Your Bond >

Surety on Performance Bond Called into Finish N.C. Bridge

The surety industry once again saves the taxpayer.  Replacement of the Herbert G. “Buddy” Phillips Bridge in North Carolina could have come to a screeching halt if surety bonds were not required on this public works job.  The contractor on the project filed for Chapter 11 in N.C. Eastern Bankruptcy Court on Aug. 29.

see the article in jdnews.com

Because performance and payment bonds are  required on public works projects, the tax payers will not have to pay to have a replacement contractor complete the project.  The company that provided the surety bonds has already been called in and is working with the N.C. DOT to get the project completed, at no additional cost to the tax payer.



Apply to Get Your Surety Bond Now

Get started with the bond application process today.

Most bonds are fully processed within 1-2 business days. In some cases, you'll hear back from Surety1 within hours!

Leave a Reply

Your email address will not be published. Required fields are marked *