Top USA Surety Bond Agency Offers Expanded Program For Federal Construction Projects

Top USA Surety Bond Agency Offers Expanded Program For Federal Construction Projects, updated 5/10/22, 8:51 AM

Federal construction contracts can be a great source of revenue. They're always available and payment is almost guaranteed. The downside? You'll need to secure a surety bonding program. Call Surety Bond Professionals (781-559-0568) or go to https://www.suretybondprofessionals.com/bonding-federal-construction for the best surety bond solutions around!

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Top USA Surety Bond
Agency Offers
Expanded Program For 
Construction Jobs
If you're a construction contractor, Surety Bond Professionals, founded in
2015, offers you access to a broad range of surety markets, providing
surety bond solutions for federal construction projects nationwide.
Construction surety bonds - or
contractor bonds - provide protection
for the federal government, and by
extension, American taxpayers, in the
event of project failures or budget
overruns.
The Infrastructure Investment and Jobs Act of 2021 allocates $550 billion in new federal
financing to transportation, water, and energy infrastructure. Projects funded by this Act
should begin by the second half of 2022, some of which are available to bid on now. 
Under the leadership of company president,
Mark Leskanic, SBP has created a
proprietary approach to surety bonding that
taps into its extensive network of underwriters
to ensure that its clients receive the best
possible experience.
As a bond-only agency, the firm works with all parties involved in
the issuance of and securitization of necessary bonds to
streamline the process for its clients.
Because construction is such a risky business -
six years from now, one-half of all construction
companies will be out of business - a public
agency, which uses the low-bid system in
awarding public works contracts, cannot always
be certain the lowest bidder will be reliable.
The bonds usually required for federal construction projects are performance
bonds, payment bonds, bid bonds, and supply bonds - which together ensure
satisfactory compliance with contractual and budgetary requirements.
SBP is keenly aware of both the burdens and
rewards of federal construction contracts and
takes everyone’s interests into account - the
surety, the owner, and the contractor - to find
the best solutions for federal government
contractors.
A satisfied client commented: "Can not recommend
Surety Bond Professionals out of Natick MA enough."
"Went to them with bonding needs
and they quickly set up a bond
program increasing the ability to bid
on more jobs, and jobs 3 times
bigger than previously."
"SBP helped significantly increase revenue. Look forward to
working with the SBP team for many years to come.”
Go to
https://www.suretybondprofessio
nals.com/bonding-federal-
construction to learn more.
Now is a great time to increase your backlog with federal construction projects!