surety bonds

A comprehensive knowledge of the bonding process is crucial in providing risk management services for today's construction industry. Mazonson LLC's experienced staff, solid surety carrier relationships and expertise in how to best present your company's qualifications combine to supply you with the bonding proficiency you need. As your advisor, Mazonson works with you to secure the best bonding line available.

Public construction projects require that contractors post bonds. The use of a contract bond is also becoming routine practice for privately funded projects. Mazonson LLC works with you to plan, document and communicate the information needed to secure a bonding line.

Contractors must be qualified to obtain surety credit. Mazonson provides the tools to meet the surety credit qualification process (which scrutinizes the contractor's business operations including reputation, experience, equipment, financial stability, credit history and lending institution relationships). Although surety bonding has many of the characteristics of bank credit, it is considered a line of insurance. A strong bonding relationship allows the surety's financial resources to be used to back the commitment of the contractor.