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Durable Medical Equipment Bond

2020-07-17T14:43:41-04:00June 10th, 2019|License and Permit Bonds|

Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) The durable medical equipment bond, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program has been fundamental in helping Medicare set market-based payment rates for DMEPOS items, save money for beneficiaries and taxpayers, and limit fraud and abuse in the Medicare Program. "Round 1" of

NMLS Utah

2018-03-14T22:50:33-04:00December 22nd, 2017|License and Permit Bonds|

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

NMLS Michigan

2020-06-23T10:45:41-04:00December 22nd, 2017|License and Permit Bonds|

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

2022-01-26T15:29:25-05:00August 5th, 2017|Contractor Bonds|

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

North Dakota Public Improvement Contracts see Bond Increase

2022-01-26T15:32:03-05:00August 5th, 2017|Contractor Bonds|

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

New SBA Bond Page

2020-07-24T14:51:08-04:00August 3rd, 2017|Contractor Bonds, Federal Bonds, License and Permit Bonds|

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'

Durable Medical Equipment Suppliers now Require Licensure in the State of Georgia

2023-06-28T17:46:22-04:00July 3rd, 2017|License and Permit Bonds|

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 that all DMEs that transact business within the State of Georgia are

Bond Increase for Georgia Financial Services Providers

2022-01-26T15:16:49-05:00June 23rd, 2017|License and Permit Bonds|

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 and we have included the bill for

Alabama Increases Used Car Dealer Bond Amount

2022-01-26T15:19:46-05:00October 23rd, 2015|License and Permit Bonds|

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 motor vehicle dealer bond, MVD bond, auto

How to Get A Government Contractors Bond

2023-06-28T17:45:49-04:00October 23rd, 2015|Contractor Bonds|

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 quickly.If you are bidding on federal projects that are