The Surety & Fidelity Association of America and the National Association of Surety Bond Producers provide brochures, presentations, CDs and other information to help contractors better understand surety bonding—from bidding on a public works project to becoming more competitive, obtaining a first bond, and establishing relationships with a professional bond producer and surety underwriter.
Materials geared toward contractors and subcontractors include:
- How to Obtain Surety Bonds—An overview of the bonding process, from finding a producer to undergoing the prequalification process.
- Importance of Surety Bonds in Construction—An overview of the value and benefits of contract surety bonds.
- Surety Companies: What They Are and How to Find Out About Them—How to qualify a surety company through readily available resources.
- Helping Contractors Grow: Surety Bonds for New & Emerging Contractors—Bonding assistance and support programs, bond guarantee programs and mentor-protégé programs for new and emerging contractors.
- An Overview of the Contract Surety Bond Claims Process—Performance bond de-fault situations, payment bond claims and project-owner expectations.
- Surety Bonds: A Guide for Contractors—Presentations and links to online resources contained on an easy-to-use CD.
For more information, visit
www.sio.org and select Contractors/Subcontractors. To order or download materials, select Brochures and CDs.
The Surety & Fidelity Association of America
1101 Connecticut Ave. NW, Suite 800
Washington, DC 20036
(202) 463-0600
(202) 463-0606 Fax
www.surety.org
information@surety.org The Surety & Fidelity Association of America (SFAA) is a nonprofit corporation with members engaged in the worldwide business of suretyship. Member companies collectively write the majority of surety and fidelity bonds in the United States. SFAA is licensed as a rating or advisory organization in all states, as well as in the District of Columbia and Puerto Rico, and it has been designated by state insurance departments as a statistical agent for reporting fidelity and surety experience. SFAA represents its member companies in matters of common interest before various federal, state and local government agencies.
National Association of Surety Bond Producers1828 L St. NW, Suite 720
Washington, DC 20036-5104
(202) 686-3700
(202) 686-3656 Fax
www.nasbp.org info@nasbp.org The National Association of Surety Bond Producers (NASBP) is the association of, and resource for, surety bond producers. NASBP members are professionals who specialize in providing surety bonds for construction and other commercial purposes to companies and individuals needing the assurance offered by surety bonds. NASBP members have broad knowledge of the surety marketplace and the business strategies and underwriting differences among surety companies. As trusted advisors, professional surety bond producers act in many key roles to position their clients to meet underwriting requirements for surety credit.