Beginning on the 4th of July this year, the State of Arkansas will increase the threshold at which bid bonds are required on state public construction contracts. In the past, a contractor would be required to furnish a bid bond on any state construction contracts valued at $20,000 or greater, In lieu of legislation
Beginning on August 1st of this year, the State of North Dakota bond threshold for public improvement contracts increases from $100,000 to $150,000. Thanks to legislation passed on March 24th, contractors wishing to accept public improvement contracts that are greater than or equal to $150,000 in value must furnish performance and payments bonds on
Here at American Surety Bonds we have launched a new page on our website specifically for SBA Bonds. Together, American Surety Bonds and the Small Business Administration can help your business better meet their surety needs. The SBA has in place a fast, streamlined, and hassle-free underwriting program that takes into account your business'
