Express Scripts Bond – Application Information Successful applicants seeking for a Provider Agreement with Express Scripts must provide a $500,000 Express Script Bond There are many requirements in the bonding process. Express Scripts is requiring a Bond in the amount of $500,000. In addition, the Express Scripts Bond must be obtained through a bonding entity […]
SBA Quick Bond Program SBA Quick Bond Program Increase to $400,000 SBA Quick Bond Application The SBA Quick Bond Program, previously capped at $250,000, is designed to help contractors that are declined from other programs due to low credit score or other reasons. The SBA Quick Bond program is now being extended up to $400,000 […]
Bond Turnaround Time Expect Quick Bond Turnaround Time from CCI Surety Other markets, even non-standard markets have changing appetites. Some sureties change their focus to larger projects or to preferred agents when things get busy and this can affect turnaround time. If you notice a change in the the bond turnaround time you receive from […]
Larger Bond Line Prepare your contractor to participate in the coming infrastructure spending boom with larger bond lines while avoiding collateral. Many parts of the country are experiencing construction optimism both in the quantity of projects available and the size of the projects. Larger projects take up capacity for large contractors and that leaves more […]
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 […]
How To Handle Bonds in Bad Credit Situations Bad Credit Bond situations come in many forms and we see a lot of accounts that have bad credit or other challenges. Obtaining a bad credit bond can be challenging for contractors and insurance agents that do not have a relationship with a surety that handles bonds […]
Documents and payment related to BMC-84 quotes must be received before October 1st in order to guarantee they will be in place by the October 1st FMCSA deadline. Previously it was believed that the bond could be back dated to October 1st as long as it was received before October 31st. This has changed and […]
We have been keeping you up to date as much as possible on the change to the $75,000 requirement on freight brokers (BMC-84) bonds. This week the FMCSA has sent out “Revocation of Authority Notices” to freight brokers. If you haven’t already, it is approaching crunch time to reach out to your clients and be […]
BMC-84 Bonds CCI Surety, Inc. Quick Hits – BMC-84 Bonds July, 2013 *UPDATED 5/3/2018 We are excited to announce that we are still quoting the $75,000.00 BMC-84 Bond with very competitive rates. With this program we may also be able to help new companies attain this bond. Get started Now 1. Reply to this email […]
We are happy to announce the new office location for our Tampa, FL office. We hope our clients find the new location more convenient and the expansion of our Southeast Regional office will allow increased capacity to handle accounts that are turned away by standard markets or standard accounts that need to stretch beyond their […]
