4 Factors Underwriters Consider When Issuing a Construction Bond
Levelset
AUGUST 16, 2022
As a part of your bond application, you will likely be asked to submit letters of reference from past suppliers, subcontractors, and others with whom you’ve worked in the past. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. You will then add your under-billings to this total.
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