New York City Public Works Investment Act – UPDATE

Post by – Joe Allen – In NYC – Better value is greater than lowest bidder The New York City Public Works Investment Act has changed the way contractors are awarded projects. The step by step process for NYC contractors is outlined in the link below. “Prospective bidders will be required to undergo a two-step […]

Declined Bond Accounts

Post by – Joe Allen – Are you working on a Bid or Performance & Payment Bond? Has your standard market declined your account? CCI Surety can help with declinations due to: ✯Bond Size✯ ✯Bond Type✯ ✯Negative Working Capital✯ ✯New Business✯ ✯Poor Credit✯ ✯Poor Financials✯ Already have a completed submission from another market? Send that […]

When One Door Closes, Another Opens

Post by – Joe Allen – When a standard underwriter declines an account,  agents typically proceed to look for other options. Sometimes, those other options can be direct competition. CCI Surety, Inc. is a non-standard bond market specializing in bond accounts that are declined by standard markets. We do not compete with standard markets. Rather, […]

New Year, New Bond Needs

Post by – Joe Allen – New Year, New Bond Needs                    Michael Williams                  CCI Surety, Inc.                    Aimee Henard                     The Main […]

New SBA Guildlines

Post by – Joe Allen – CCI Surety Can Help Rapidly Growing Contractors! ✯ Five-Year average revenue is now an option✯ ✯ Three-Year average revenue can still be used✯ ✯ We can review existing accounts under the new guidelines✯ Effective January 6th, 2020 new rules will be implemented when calculating a contractor’s size in the SBA Bond Guarantee […]

2020 Bonds Needs

Post by – Joe Allen – Happy Holidays From CCI Surety, Inc.   CCI Surety would like to thank everyone for another great year!   As we enter into 2020, be sure to address your clients upcoming bond needs. Any hesitations open an opportunity for someone else.   Whether you have a contractor declined due to […]

Upcoming Renewals – Jan 1st, 2020

Post by – Joe Allen – Upcoming Renewal – January 1st, 2020 $25,000 Minnesota Pipe Laying Surety Bond ✯Instant Issue✯ Application If you have any new accounts needing a quote or current accounts being non-renewed, give us a call today! Contact CCI Today! Have a completed submission from another market? Send it over! Simply email […]

End of year Contract Surety needs

Post by – Joe Allen – Timing is of the utmost importance! As November begins (already!) many contractors are looking to finalize their end of year bond needs. There is a reason so many standard carriers utilize CCI Surety as a referral resource. Our in-house underwriting authority, experience, and relationships in the industry allow us […]

Commercial Bond News and Renewals – 10/22/2019

Post by – Joe Allen – Upcoming Bond Renewals – 12/31/2009 Illinois ✯Designated Agent✯ ✯Residential Mortgage License✯ Indiana ✯Mortgage Broker✯ Louisiana ✯Motor Vehicle Dealer✯ Michigan ✯Mortgage Loan Originator✯ Montana ✯Motor Vehicle Dealer✯ Nebraska ✯Collection Agency✯ ✯Motor Vehicle Dealer✯ ✯Motorcycle Dealer✯ ✯Wholesaler✯ Oklahoma ✯Motor Vehicle Dealer✯ Texas ✯Comptroller✯ Market Update CCI Surety now has the capability […]

Commercial Bond Updates – MN

Post by – Joe Allen – Minnesota Post Secondary Surety Bond Update New schools that have been granted conditional approval for degrees or names need to provide a surety bond. This will allow them the opportunity to apply for and receive accreditation under Minnesota Statutes section 136A.65, subdivision 7. The sum of the bond is […]