Bond Application The applications below can be used in situations where contractors have been declined for bonds by standard markets, or if standard markets do not approve contractors for large enough bonds. CCI Surety bond applications cover situations where a contractor may have a low credit score, working capital issues, or other financials issues. In […]
Small Contractor Surety Bond Program – $400,000 and Under Small Contract Applications– For Projects $400,000 and under SBA Supplemental Information – Include for consideration for the SBA Surety Bond Guarantee Programs No Credit Score Minimum CCI Surety, Inc. utilizes multiple tools to handle contractors that have low credit scores but still require bonding. We still […]
Payment and Performance Bonds Bid Bonds Bid bonds are normally a precursor to needing a Payment and Performance Bonds. Anytime that a bid bond it issued, it is a signal that the surety intends to provide a Payment and Performance bond for the contractor. The underwriter working on your Bid Bond usually reviews the […]
New $75,000 BMC-84 Bond As the dust settles on the October 1st BMC-84 Bond rush, we are now into the next phase where sureties are now in a position to potentially back date bonds in order for Frieght Brokers required to obtain the to be in compliance with the new regulations. The new $75,000.00 bonds […]
Quick application programs are great tools when your contractor fits into the program but there are important things to remember about quick program limitations and what to do if your account does not fit the program.Quick application programs are not necessarily a “Non-Standard” option. Many accounts that cannot fit into a typical quick program can […]
