Like with any other industry, the sign manufacturing and installation field requires precise craftsmanship, tested manufacturing methods, agile deployment of technicians and installation teams, and generally, a commitment to quality. That’s where the bond process comes in – just like with other kinds of contracts, those who are planning projects and hiring teams want to know that all of their contractors are going to turn in work on time, and according to a certain standard. To ensure that work will be completed on time, on budget, and up to delineated specifications, the Obligee who is awarding the work contract will require performance or supply bonds before approving work to begin. That is why sign contractors will have to complete the complex bond application paperwork process before they can even start on a project. The Obligee, the party with the capital invested in the project, wants peace of mind that the workers will get the job done right the first time and that it will be financially protected in the event that the contracted project is not properly completed and installed.
So how do you acquire good performance bonds and other bonding that supports your sign business and helps you to secure additional work?
Some companies looking at a performance bond or other bond requirements for the first time think it’s as easy as going to their general insurance agent. But general insurance agencies usually focus most of their attention on auto, workers compensation, or umbrella policies. They don’t spend their days consulting on bonds.
Just like you wouldn’t ask your pool guy to design your house, you don’t want to just settle for any kind of professional-looking firm to issue your bonds. Unique Surety is a team of bond specialists. All of our work revolves around getting our clients the bonding that they need on specific time frames, according to specific markets, and with a level of detail that will help you get and retain work contracts. Anything less, and you run the risk of getting jobs pulled out from under you, or getting unpleasant surprises like not getting paid until you present your bond. A bond isn’t just a piece of paper – it represents a process that has to be done thoroughly, and has to be done right. A bond is a financial guarantee that will help grow our business by enabling you to obtain more bonded business. To obtain the work you value, talk to Unique Surety to acquire the bid and performance bonds that you can rely on to be confident about not losing out on that next opportunity.
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