Bid and Performance Bonds [VIDEO]

Bid and Performance Bonds [VIDEO]

When planning to bid on a government or large private-sector contract, it is important to obtain a bid bond ahead of time to guarantee to the business entity that you can accept and enter into a contract.  Neil Pedersen PEDERSEN & SONS SURETY BOND AGENCY, INC. 15...
Performance Bonds [VIDEO]

Performance Bonds [VIDEO]

A performance bond is necessary if you plan to bid on a governmental contract. Many business owners have gone after governmental contracts, but aren’t able to get the bonds and, as a result, lose the contract. With a bonding line a business owner can confidently say...

Mechanic’s Lien Bonds [VIDEO]

 Bonds are necessary in construction disputes where unpaid contractors are filing mechanic’s liens against property owners. In these disputes, the property owners must file a bond because liens violate their mortgages. If a construction litigator has a client...
ERISA Withdrawal Liability Bonds

ERISA Withdrawal Liability Bonds

Today, I would like to speak to you about the Employee Retirement Income Security Act (ERISA) Withdrawal Liability Bonds. Previously, I spoke about when a company is being sold and the union requires a bond from the buyer to guarantee the unfunded pension obligations...

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