At Unique Surety, we’re constantly surrounded by the people who are literally building the future of our great country. The people who, brick-by-brick, build upon the foundation laid out by our founding fathers. It is these contractors and construction workers who are realizing the dreams of these great men. Thomas Edison once said, “Opportunity is […]

Unique Surety was founded on the principle of “doing good by doing well,” which was first articulated by Benjamin Franklin in the 18th century. We wanted to go into the business of helping people elevate themselves, in business and in life. The more bonded business our clients obtain, the more bonds they need and the […]

The construction industry has been on an upswing this year, creating new opportunities for contractors, their subs and trades to grow their business and participate in a wider range of projects. Even so, the stronger economy means there’s still robust competition for the most desirable jobs, regardless of whether they led by private sector owners […]

Today, smart equipment lease companies are updating their term sheets by requiring lease applicants to obtain an equipment lease payment bond. This specialized surety bond provides a solution to make lease payments to the equipment leasing firm should the lessee go into default on its lease payment obligation. Stronger lease portfolios. When leasing companies accumulate […]

Today, many leasing companies have several good deals they’ve already vetted – but for one reason or another haven’t completed. This is slowing the ability of leasing companies to accelerate their growth. Meanwhile, even as the U.S. economic recovery continues, many lending institutions remain cautious about extending credit lines. Yet, by requiring prospective lessees to […]

While the current U.S. economic recovery has expanded opportunities for construction contractors and their subs to get more private sector work, many of these firms also want to add public sector work to their project mix to insulate themselves from the cyclical nature of the construction industry.  However, public sector projects typically require GCs, primes […]

First, Let’s Cover the Basics: What is ERISA? The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most pension and health plans that are voluntarily established in the private sector.  ERISA aims to protect the individuals taking part in these plans.  One way that the government […]

Public sector work offers a way for construction contractors and trades to diversify their project mix and accelerate their growth.  The challenge, however, is that these projects often come with bonding requirements – not only for GCs, but increasingly for their subs and trades as well. What’s more, obtaining the necessary bonding may not be […]

On January 28, 2015, the Florida Department of Highway Safety and Motor Vehicles implemented a new minimum bond amount for the Third Party Administrator for Driver License Testing Bond that many Florida Driving Schools are required to secure.  The Third Party Administrator for Driver License Testing Bond is a performance bond that is required by […]

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 […]