HOW TO GET A SURETY BOND

Step One: Contact An Agent

All levels of government can request contractors to get a surety bond to mitigate risk on construction projects and help protect taxpayers. Surety bonds aren't just for public construction projects. There are many private sector projects that require bonding, and contractors may even require subcontractors to get a bond. Construction is a competitive industry and a contractor's win or loss of a project may often time be effected by their ability to get a bond. 

What is a Surety Bond anyway? It's a three-party agreement that guarantees the project owner (obligee) that the contract will be fulfilled by the contractor (principal). If it's the contractor that is requiring a subcontractor to get a bond, then the contractor is the obligee.