Payment Bonds and Performance Bonds for Construction Projects

Jan 31, 2020

It’s important to understand what payment bonds and performance bonds are, how they work together and how they are different from one another.

Surety Bonds vs. Insurance, An Explanation

Jan 6, 2020

Surety bonds are not insurance. There a few key differences between surety bonds and insurance that we’d like to point out.

New York’s Construction Fair Play Act: An Overview

Nov 25, 2019

Under New York’s Construction Fair Play Act, general contractors are required to provide workers compensation insurance and to pay the prevailing wage rate for any persons that they employ.

Contract Surety Bonds Protect Infrastructure Investment

Oct 9, 2019

Local and state governments can face serious losses on projects if they do not establish surety protection. Take the City of Harrisburg, PA as a strong example.

Surety Bonds: What Solar Contractors Need to Know

Sep 12, 2019

Due to the complexity and ever-changing legislation in the solar industry, it can be challenging for solar contractors to know what types of surety bonds are required before starting on a new project.

Types of Surety Bonds

Aug 22, 2019

There are several different types of surety bonds that companies should know about.

Merchants Bonding Company recognizes Rose & Kiernan, Inc. Among Its Surety Elite

Mar 19, 2019

Rose & Kiernan, Inc. was recently recognized by Merchants Bonding Company as the Surety Elite, considered by Merchants’ to be “among the most influential and trusted professionals in the industry.”

Surety 101: Understanding Surety Bonds

Nov 14, 2017

For most private businesses and municipal governments, surety bonds are the preferred approach for guaranteeing the performance of obligations between entities. Put simply, surety bonds exist to ensure contract completion in the event of default from one party.