Contract Bonds
Ask Your Surety Pro – Private Equity Deal Structure and Bonding Risk
Private equity is investing heavily in construction—but when it comes to deal structure, one size does not fit all. How a transaction is structured can have a real impact on a contractor’s access to surety credit, both at close and well after the deal is done. In this week’s episode of Ask The Surety Pro,…
Read MoreAsk Your Surety Pro – Why Transparency Matters in Contractor Surety Partnerships
The strongest contractor–surety broker relationships are built on transparency long before you ever need a bond. In the latest episode of Ask The Surety Pro, Chris Ruck, Vice President, and Joe Catania, CEO and Co-Founder, speak directly to construction company owners about why trust and honesty are essential to a successful partnership between a contractor,…
Read MoreAsk Your Surety Pro – How Sureties View A/R and Retention on Your Balance Sheet
In the latest episode of Ask The Surety Pro, Chris Ruck, Vice President, tackles a question we hear all the time: “How does a surety evaluate a contractor’s balance sheet when most of the working capital is tied up in A/R over 90 days and billed retention?” This is one of the most common (and…
Read MoreAsk Your Surety Pro – Joe Catania on Reputation in Bonding
In this episode of Ask The Surety Pro, Joe Catania, Co-Founder and CEO, answers a question from a specialty subcontractor: “How does my industry reputation impact my ability to obtain bonding?” Watch time: 0:56 Watch now — discover why your reputation isn’t just a nice-to-have; it’s a game-changer for securing bigger bonds, winning more work,…
Read MoreAsk Your Surety Pro – Chris Smith Shares How Personal Relationships Strengthen Surety Support
In this episode of Ask The Surety Pro, Chris Smith, Senior Surety Broker, answers a question from a Division 08 subcontractor: “Does meeting face-to-face with my bonding company really help increase my bonding program?” Watch time: 1:23 minutes Watch now to learn why personal connections with your surety company can lead to better bonding program…
Read MoreAsk Your Surety Pro – Chris Smith Shares How to Leverage Past Performance for Bigger Bonds
In this episode of Ask The Surety Pro, Chris Smith, Senior Surety Broker, answers a question we received from a fast-growing Federal contractor: “How can I best leverage my past performance to bid larger bonded projects?” Watch time: 1:30 minutes Past performance is often your strongest asset—but only if you know how to present it.…
Read MoreAsk Your Surety Pro – Joe Catania Shares How Private Equity Impacts Bonding
In this episode of Ask The Surety Pro, Joe Catania, Co-Founder and CEO, answers a question we received from the owner of a construction company preparing to be acquired by a private equity firm: “How will my bonding company relationship change if I am acquired by a private equity firm?” Watch time: 1:38 minutes Private…
Read MoreCelebrating 50 Years in Surety: The Career Journey of Rich Anderson
Rich Anderson celebrates 50 years in the surety industry! From his first day as an underwriter trainee to founding his own agency, Rich’s career is full of lessons, mentorship, and lasting relationships. Discover the stories and wisdom behind five decades of excellence.
Read MoreAsk The Surety Pro – Rich Anderson Explains Which Parties are Protected by a Payment Bond
Payment bonds are often required on public and private construction projects. In today’s episode of Ask The Surety Pro (1:06), our Co-Founder, Rich Anderson, explains how a payment bond ensures that everyone contributing to a project gets paid—maintaining trust, financial stability, and smooth project execution. Click to watch.
Read MoreAsk The Surety Pro – Joe Catania on How a Bid Bond Benefits the Project Owner and the Contractor
A bid bond benefits both the project owner and the contractor—assuring owners that bids are serious and financially backed, while giving contractors a competitive edge in securing larger projects. In today’s episode of Ask The Surety Pro (1:11), our Co-Founder and CEO, Joe Catania, explains how bid bonds build trust, reduce risk, and strengthen industry presence.…
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