Surety Bond

Louisiana Small Contractor Bond The purpose of a small contractor bond is to make sure the contractors know and perform their work in accordance with local regulations, such as building codes. A surety bond ensures contract completion in the event of Contractor default. These bonds also

A supply bond guarantees a supplier will be able to provide the materials needed to fulfill the contract between the supplier and purchaser. This bond will reimburse the purchaser should the supplier not complete the terms of the contract.

A performance bond guarantees performance of the terms of a contract.These bonds frequently incorporate payment bonds (labor and materials) and maintenance bonds. Bonding ultimately aims to protect the project owner from financial loss should the contractor fail to perform the contract in accordance with its terms

A payment bond covers payment of subcontractors, laborers and materials suppliers associated with the project. Payment bonds are issued for the protection of those supplying labor or materials to a particular bonded project.

The purpose of this bond is to guarantee the completion of the sewer management facilities pursuant to the requirements set forth in the City of Greenville to maintain sediment and erosion controls according to the Review Complete Plans; and, to maintain and operate sewer management facilities

Louisiana Fidelity Bond A fidelity bond is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. While called