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When To Replace Your St. Louis MO Heater

How To Determine If You Need To Change Your Furnace System   Consider the number of damages the heating unit has so that you will know right...

on Jan 16, 2021

What To Do When Your Morrison IL HVAC System Breaks

You must want your furnace to operate perfectly to keep you warm during the cold winter months. For this reason, you need to take care of your...

on Jan 14, 2021

What You Should Know Before Getting Custom Fly Screens

Aside from enhancing the look and feel of your home, custom fly screens can also elevate your level of privacy, protection, and elegance of your...

on Jan 13, 2021

Choosing The Right Heating Unit For Your Universal City Home

How To Choose The Ideal Furnace For Your Home   It can be very tempting to buy cheap heaters. When you look at these models, you may not get...

on Jan 9, 2021

How Will You Repair A Broken Heating System in St. Petersburg

Look For A 24/7 Heating Agency Quickly   When you have an Internet connection on your mobile phone, you can just Google the furnace repair...

on Jan 7, 2021

What does a Bonded Contractor Mean?

by 411 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

Contact a licensed, bonded and insured contractor for free home improvement quotes.

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vitviz411

411

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