This move is a response to the growing number of federal infrastructure projects on the horizon, all of which require contractors to have a surety bond. With its affordable packages and high maximum limits, the agency enables clients to bid on large and lucrative projects for the government that they otherwise couldn’t have.
More information about Surety Bond Professionals is available at https://www.suretybondprofessionals.com/
A company representative explains that with access to 25 markets throughout the country, Surety Bond Professionals is able to offer competitive pricing on surety programs.
Owing to the passage of the Infrastructure Investment and Jobs Act in 2021, about $1.25 trillion has been allocated for infrastructure work. This presents an excellent opportunity for to bid on high-profile projects that directly contribute to rebuilding the nation’s roads and bridges.
However, any federal project whose value exceeds $100,000 requires a surety bond to protect the interests of the government. Surety Bond Professionals has access to top-rated surety companies that offer a broad range of products.
These include performance, payment, bid, and supply bonds, which are the most commonly required types of surety in the construction industry. The bonding agency also allows clients to request a quotation online so they can compare packages from different providers until they find one that best suits their needs and budget. Likewise, contractors can apply for and purchase construction bonds through Surety Bond Professional’s website, further streamlining the process.
A spokesperson says: “The next five years will see great strides in the country’s infrastructure. Our goal is to help you benefit from this golden opportunity by giving you access to surety bonds that meet federal requirements. With options to offer, you’re sure to get competitive rates on your chosen plan.”
ABOUT SURETY BOND PROFESSIONALS
With over 30 years of experience in the industry, Surety Bond Professionals has become the leading name in affordable and reliable surety programs. Its other offerings include bid bonds, performance and payment bonds, and supply bonds.
Prospective clients may also visit https://www.suretybondprofessionals.com/contact-us/ if they wish to get in touch with the bonding agency.
Surety Bond Professionals, Inc.
205 Union Street
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Scotland News journalist was involved in the writing and production of this article.