Why am I being required to obtain a Bid Bond? Performance & Payments bonds?

Post by – Joe Allen – Why am I being required to obtain a Bid Bond? A bid bond provides financial protection to an owner if a bidder is awarded a contract but fails to sign the contract or fails to provide the required performance and payment bonds. Bid bonds also help screen out unqualified […]

Contractors Outside of “Sticks & Bricks”

Post by – Joe Allen – Contractors Outside of “Sticks & Bricks” CCI Surety, Inc. has the ability to bond more than just “sticks & bricks” construction. We can bond a wide variety of contractors, many of which are being declined only due to the type of work they perform. Some include: *Trash Removal* *Janitorial* […]

Contract Surety

Post by – Joe Allen – Subdivision – Reclamation – Maintenance – Bid – Performance & Payment – Supply Stuck with collateral offers? Looking to grow out of a quick program? New business looking to obtain bonding? Project already started? Declined by Standard Carriers? If any of the above pertains to your contractors, give us […]

Subdivision Bond Programs

Post by – Joe Allen – In addition to bid and performance & payment bonds, CCI Surety also has strong options on many other types of bonds including¬†subdivision bonds.¬†We compete when your contractor is declined due to their credit and/or financials, receives collateral offers, or cannot obtain approval for the size of bond they are […]

Small Contractor Program

Post by – Joe Allen – Many contractors are new to bonding or focusing on smaller projects in order to grow their business. CCI Surety’s Small Contractor Program was created to get your contractors on the job quickly, with minimal paperwork involved. If your contractor has been declined due to credit or experience, let us […]

Spring Contractor Bonding

Post by – Joe Allen – Spring is fast approaching and contractors around the country will be looking to place bid and performance & payment bonds of all sizes. CCI Surety has in-house underwriting authority of $3MM and under. Which means you will be working directly with the underwriter reviewing your account. CCI Surety, Inc […]

Biggest Quick Bond Program

Biggest Quick Bond Program How to get biggest quick bond program Quick programs work very well until you reach the upper limit of the bond program. Moving your client from one credit based quick bond program to another and searching biggest quick bond program is one option. Inevitably, even the biggest quick bond program will […]

Larger Bonds

Larger Bonds Contractors can be pre-qualified for larger bonds CCI Surety focuses on helping contractors obtain larger bonds. Sometimes a contractor may be able to qualify for bonds through quick programs that limit the size of project that can be bonded. With standard markets, larger bonds often require CPA prepared financial statements in order to […]

P3 Projects

P3 Projects or Public Private Partnerships P3 Projects in the news There is bipartisan agreement in Washington, D.C. that an infrastructure bill is needed. How that agreement is made and when it is passed remains in question. One thing that appears certain is that P3 Projects are going to be a part of the solution. […]

New SBA Bond Guarantee Program

This February we were excited to report the increases to the new SBA Bond Guarantee Program. In March, we are even more excited to report that we are already having success utilizing the program for bonds that would have previously been too large for the SBA Bond Guarantee Program. Most recently, our Florida Office was […]