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What is a Bid Bond

April 11th, 2019
SurePlace

A bid bond acts as insurance to protect the owner or developer in a construction bidding process and is required to bid on a contract. It’s a guarantee that the […]

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Performance Bond FAQs

April 8th, 2019
SurePlace

Q: What is a Performance Bond? A: A performance bond is a type of contract bond that is often obtained in conjunction with a payment bond. A performance bond is a […]

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February FLU Tip

February 13th, 2019
SurePlace
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SBA Bond Guarantee Program Press Release

February 8th, 2019
SurePlace

Original Press Release PHOENIX, Feb. 7, 2019 /PRNewswire/ — Surety Placement Services, LLC DBA The Surety Place, has been ranked the top performing bond agency located in Arizona and the Southwest region for  the 2018 fiscal year by […]

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Why Bonds are Crucial for the Construction Industry

January 22nd, 2019
SurePlace

Are you thinking about starting a business in the construction and development industry? Have you started to map out exactly what building a business in that industry entails? Is applying […]

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FLU Tip November 2018

November 29th, 2018
SurePlace
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FAQs About Contract Surety Bonds

October 30th, 2018
SurePlace

The surety bond business can get complicated and whether you are just starting out with your own business, or you have been running a successful company for years, the surety […]

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FLU Tip October 2018

October 29th, 2018
SurePlace
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SBA Bond Guarantee Program Fee Decrease

September 17th, 2018
SurePlace

The SBA recently announced the first decrease in fees for the Bond Guarantee Program in 12 years. As of October 1, 2018 any bond approved and acquired for the 2019 […]

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