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Latest Articles
5 Ways to Transform Your Bathroom in to the Perfect Spa
Do you sometimes feel the day weighing on you? Do you at times just wish to cozy up and spend hours in a musical seclusion? Do you want to just...
on Oct 17, 2017
5 Home Repairs You Need to Know
Our house is one of the most prized possession we own or rent. All humans tend to spend a fair bit of money on building a lovely home to cherish....
on Oct 17, 2017
10 Top Tips to Get You Moving Like a Pro
Moving to a new place can be wonderful and exciting until you start to think of all the stuff you have to figure out to make your moving fast and...
on Oct 13, 2017
Common Mistakes to Avoid When Remodeling Your Home
Buying a new home comes with a feeling of achievement and excitement. But no matter how dreamy a home may look like from the outside, you might...
on Oct 13, 2017
5 Weird Products you need for an Amazing Kitchen
These days, kitchens have become just as technologically advanced as anything else in the world. While some people who love to cook are tech-savvy...
on Oct 12, 2017
Popular Articles
Three Places to Spend Money on the Exterior of Your Home
When you have the exterior of your home remodeled, you are investing, time, energy and convenience into the project and you want to make sure that...
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When to Use a Brush, Roller or Sponge Brush
Brushes are a good choice for painting trim and woodwork. They are also useful for cutting in the edges around the top and bottom edges and corners...
39304 Views
Homemade Headboards-Make an Upholstered or Wooden Headboard
Homemade headboards can add a lot of personality to any bedroom. They can be coordinated with existing furniture and room decor or they can be the...
38846 Views
Creating a Cottage Kitchen with Bead Board
Kitchen decor can range from modern and bold to elegant and elaborate by using strategic kitchen pieces. One of the most popular decorating trends...
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How to Repair Vertical and Venetian Blinds
Vertical and Venetian blinds are the two most popular kinds of blinds that are used for home decorating. Vertical blinds have vertical slats that...
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What does a Bonded Contractor Mean?
by Guest on Mar 14, 2013
A bond is an insurance policy for which the contractor pays a premium. It guarantees that the contractor will meet his obligations in a satisfactory manner. Failure to do so should result in the payment of compensation by the bonding company. There are three types of bonds, payment bond, performance bond and bid bond.
Being bonded could be like getting an insurance policy that the job will be completed, and it will be done properly.
Larger commercial and almost all government jobs will require that all contractors and sub-contractors be licensed, insured, and bonded. If you can find a bonded contractor you have a good chance the job will be done properly.
One of the problems is depending on the cost of the job, the fees a bonding company charges could be high and this may be passed on to you the customer.
Performance Bonds - A bond that guarantees the project's completion according to the building plans and specifications.Payment Bonds - A bond that assures the owner that no liens for labor and material will be filed against the property.
Contractor Bonds - A bond that guarantees both job completion and payment of all labor and material
Hire a license, bonded and insured contractor for free home improvement quotes.
Most Recent Articles
- Aug 28, 2017 Moving to a New Place – Things You Need to Do Beforehand by Boris Dzhingarov
- May 22, 2017 Why Metal Blacking is Often a Better Choice than Plating and Painting by Martin Gracewell
- Mar 27, 2017 Essential Services that Every Homeowner Needs by Alexandra Gracewell
- Mar 16, 2017 How Handyman Services can be Handy by Guest
- Feb 28, 2017 What Type of Licensed Contractor Should You Hire? by Guest
Articles Archive
Featured Articles
What Type of Licensed Contractor Should You Hire?
on Feb 28, 2017
Hire Contractors / Estimates
Looking for a specialty project? There are many types of contractors available for your home improvement needs. Finding the right type of...
Helpful Tips on Selecting the Right Contractor
on Feb 24, 2010
Hire Contractors / Estimates
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