Bond rates and premiums – What Makes up My Bond Rate?
Although we at KOG (www.kogbonds.com) frequently get questions about bond rates and premiums from customers, as well as prospective customers, many factors determine what a contractor or business owner pays for his/her bonds. This blog addresses primarily construction...
read moreA Quick Guide to Bid, Performance & Payment Bonds
Previously we discussed the fact that bonds are guarantees of something, and the first question we ask ourselves is, “a guarantee of what?” Requirements for Bid Bonds, Performance Bonds and Payment Bonds are usually found in construction specifications and they are...
read moreSBA Recognizes the Office of Surety Guarantees Award Winners
WASHINGTON – The U.S. Small Business Administration (SBA) recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based...
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