New Compliance requirements starting January 1st Starting January 1st, an entire class of business licenses will see new requirements in order to stay in compliance. In the past, individual state agencies served as the gate keeper for licensed professionals to obtain bonding for their license. Now, the NMLS (Nationwide Mortgage Licensing System) will serve
New Compliance requirements starting January 1st Starting January 1st, an entire class of business licenses will see new requirements in order to stay in compliance. In the past, individual state agencies served as the gate keeper for licensed professionals to obtain bonding for their new license. Now, the NMLS (Nationwide Mortgage Licensing System) will
Larger Bond Threshold for Arkansas' Public Construction Contracts 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
North Dakota Public Improvement Contracts see Bond Increase 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
New SBA Surety Bonds Webpage 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
Durable Medical Equipment Suppliers now Require Licensure in the State of Georgia As of July 1st, 2017, all Durable Medical Equipment Suppliers (DMEs) must come into compliance with the Board of Pharmacy within the State of Georgia by becoming licensed under the Board. Senate Bill 41, signed by Governor Deal on May 29th, requires
Bond Increase for Georgia Financial Services Providers Governor Nathan Deal signed into law House Bill 0143 (as passed by House and Senate bill), a revised subpoena power for the Georgia Department of Finance; to provide for the regulation of persons performing service for financial institutions. This revised law, House Bill 0143, is rather lengthy
Alabama Increases Used Car Dealer Bond Amount As of August 1, 2014, used motor vehicle car dealers required surety bond amount increased from $10,000 to $25,000. New and used motor vehicle dealers, wholesale dealers, reconditioners and rebuilders in Alabama are required to have an Alabama car dealer bond- also referred to as the Alabama
How to Get A Government Contractors Bond Competing, Bidding, or Already Low on a Government Project? Planning on or already awarded a government project? You will need a payment and performance bond (standard form 25). Surety specialists at American Surety Bonds Agency have over 25 years experience and are here to help you get bonded
Do Not Forget Bond Renewals American Surety Bonds Agency is dedicated to making the bonding process as fast and simple as possible. At our agency, we believe that building a long lasting and trusting relationship is the key to success; which is why we provide you with upcoming bond expiration dates to ensure that
