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A Creative Financing Strategy for Contract Security Requirements

A Creative Financing Strategy for Contract Security Requirements

by admin | Apr 29, 2026 | Payment Bonds, Performance Bonds, Surety Backed Letter of Credit, Surety Bonds

We have permanently relocated to 305 Broadway, Suite 601, New York, NY 10007. If you are in the neighborhood, feel free to stop by and say hello. A surety-backed letter of credit is an increasingly popular alternative to traditional bonding and bank-issued letters of...
Performance and Payment Bonds for Construction Contracts, and What Happens if a Mechanic’s Lien is Filed?

Performance and Payment Bonds for Construction Contracts, and What Happens if a Mechanic’s Lien is Filed?

by admin | Apr 16, 2026 | Mechanic’s Lien Bonds, Payment Bonds, Preliminary Injunction

We have permanently relocated to 305 Broadway, Suite 601, New York, NY 10007. If you are in the neighborhood, feel free to stop by and say hello. A performance and payment bond is a type of surety bond commonly required on construction projects to protect project...
Real Estate Development Bonds

Real Estate Development Bonds

by admin | Jan 29, 2026 | Payment Bonds, Performance Bonds, Real Estate Development Bonds, Surety Bonds

Real estate development projects are complex, high-value undertakings that involve multiple parties: developers, investors, lenders, subcontractors, and construction managers. Because of this layered structure, surety bonds—specifically performance and payment...
Performance & Payment Bonds: Why Contractors Need a Bank Line of Credit (LOC)

Performance & Payment Bonds: Why Contractors Need a Bank Line of Credit (LOC)

by admin | Oct 3, 2025 | Payment Bonds, Performance Bonds

Performance and Payment Bonds: Why Contractors Need a Bank Line of Credit (LOC) When bidding on government or private projects, many contractors discover for the first time that they need a bid bond and ultimately a performance bond and a payment bond — two of the...

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