Standard market surety – how contractors can swing back safely from nonstandard
Sponsored by: Liberty Mutual Surety
It’s been a challenging and uncertain year for the construction industry. Although 2021 projections are looking up, this unprecedented economic situation put many contractors in a tough spot, with uncertain financials making them only eligible for more expensive nonsurety bonds.
While it’s not always a quick fix to move back into standard surety eligibility, there are concrete steps you can take. This article will share five best practices for a return to the standard market.
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