Securing this unique SBA Surety Bond Guarantee SBG Certification is a significant distinction and honor for any insurance ...

Any change in the principal contract, which materially alters the principal’s obligations would, in effect, constitute an ...

Subrogation is an important right of the surety. It is the means by which a surety can minimize or ameliorate its losses by assuring its priority to contract funds remaining in the hands of the ...

Each bid must be accompanied by a Certified Check or Surety Company's Bid Bond on the form provided in the Bid Documents, naming as payee or Obligee, East Petersburg Borough, Lancaster County in ...

Obligee - The project owner seeking assurance that work will be completed. - Surety - The insurer guaranteeing project fulfilment. Unlike traditional bank guarantees, which require high collateral ...