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Explore more helpful resources

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The Contractor’s Guide to Increasing Bonding Capacity

Contractors who want to work on bonded construction projects will need bonding capacity — the ability to secure a bond to help protect the owner against performance, default, financial or...

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How Construction Payment Bonds Work — and Why They Matter

From the smallest home renovation to the largest public works project, the world of construction is backstopped by one fundamental principle: Trust. Owners and public agencies must be able to...

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Performance Bonds for Construction Explained

Performance bonds provide a guarantee that a contractor will fulfill all of their obligations under a construction agreement. Performance bonds are a subset of contract bonds and guarantee that a...

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Contractor License Bonds: Everything You Need to Know

In order to perform construction work, many states require contractors to be “licensed and bonded.” What does that mean? Well, every state sets its own rules for contractor licensing, and...

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Calculators

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Material Price Tracker

Get the latest U.S. retail prices and view historical trends for common building materials.

Glossary

Explore key terms and phrases used in the industry.