Ask The Surety Pro – Joe Catania Shares the Costly Risk of Winning Bids Without Bonds

Winning a bid at a lower price but failing to secure the required bonds can result in lost opportunities, damaged credibility, and sunk costs. In today’s Ask The Surety Pro (0:58), Co-Founder & CEO Joe Catania highlights the risks contractors face when they can’t provide performance and payment bonds after winning a bid.