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Make Sure Your Bond Agent Understands the Marketplace

Make Sure Your Bond Agent Understands the Marketplace

There are hundreds of types of bonds…probably even thousands.  And in the contract world, in which the bonds guaranty a specific contract with specific obligations, there are surety companies with different appetites.  Some of the bonds include bid bonds, performance and payment bonds, and warranty bonds.  Sometimes the challenge lies in working with an agent that understands the surety marketplace. …