Surety Bond Forums | JW Surety Bonds http://forums.jwsuretybonds.com/ The Surety Bond Forums is an online community of industry professionals answering questions from the public and discussing current events of the surety bond industry. en Mon, 06 Sep 2010 03:41:36 GMT vBulletin 10 http://forums.jwsuretybonds.com/images/misc/rss.png Surety Bond Forums | JW Surety Bonds http://forums.jwsuretybonds.com/ Chief Executive Business Meeting Conference Tables http://forums.jwsuretybonds.com/bid-bonds/3459-chief-executive-business-meeting-conference-tables.html Sun, 05 Sep 2010 11:07:19 GMT Our executive conference table (http://www.edeskco.com/conference-table.cfm) and meeting table are exceptionally crafted with real walnut, cherry, maple and ash wood veneers. Modern contemporary conference tables styled for chief executive and presidents conference meeting rooms and corporate to... Our executive conference table and meeting table are exceptionally crafted with real walnut, cherry, maple and ash wood veneers. Modern contemporary conference tables styled for chief executive and presidents conference meeting rooms and corporate to smaller company board rooms alike.
Executive conference table ]]> Bid Bonds edeskco1 http://forums.jwsuretybonds.com/bid-bonds/3459-chief-executive-business-meeting-conference-tables.html In Florida, scant oversight of private schools - Sarasota Herald-Tribune http://forums.jwsuretybonds.com/surety-bond-news/3458-florida-scant-oversight-private-schools-sarasota-herald-tribune.html Sat, 04 Sep 2010 12:31:23 GMT

In Florida, scant oversight of private schools
Sarasota Herald-Tribune
New private schools are required to submit a background check of their owners, fire and health inspection certificates and a surety bond. ...

and more
 ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3458-florida-scant-oversight-private-schools-sarasota-herald-tribune.html Editorial - City needs to keep pressure on developer planning convention ... - StarNe http://forums.jwsuretybonds.com/surety-bond-news/3456-editorial-city-needs-keep-pressure-developer-planning-convention-starne.html Fri, 03 Sep 2010 22:40:35 GMT

Editorial - City needs to keep pressure on developer planning convention ...
StarNewsOnline.com
... to scale down a proposed Marriott into a Fairfield Inn, while the Wilmington River Group couldn't come up with the required $1 million surety bond. ...


 ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3456-editorial-city-needs-keep-pressure-developer-planning-convention-starne.html Federal Contractors May Not Have the Surety Capacity Needed to Bid on Yearend ... - P http://forums.jwsuretybonds.com/surety-bond-news/3450-federal-contractors-may-not-have-surety-capacity-needed-bid-yearend-p.html Fri, 03 Sep 2010 08:38:38 GMT *Federal Work May Not Have the *Surety* Capacity Needed to Bid on Yearend *...** (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHvqCf0iZM4Lx7q9UvQLVPoj1RiXg&url=http://www.prweb.com/releases/2010/09/prweb4442864.htm) *PR Web (press release)* Brook Smith,...]]> <img alt="" height="1" width="1" />
Federal Work May Not Have the Surety Capacity Needed to Bid on Yearend ...
PR Web (press release)
Brook Smith, President of Smith Manus which specializes in surety bonds, recently outlined valuable questions that contractors should ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3450-federal-contractors-may-not-have-surety-capacity-needed-bid-yearend-p.html RLI Declares Dividend - Insurance News Net (press release) http://forums.jwsuretybonds.com/surety-bond-news/3447-rli-declares-dividend-insurance-news-net-press-release.html Thu, 02 Sep 2010 15:01:55 GMT
RLI Declares Dividend
Insurance News Net (press release)
With a diverse portfolio of property and casualty coverages and surety bonds, it has achieved an underwriting profit in 29 of the last 33 years, ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3447-rli-declares-dividend-insurance-news-net-press-release.html <![CDATA[Can Your ASC Benefit from a Loan Guarantee Arrangement? - Becker's ASC Review]]> http://forums.jwsuretybonds.com/surety-bond-news/3446-can-your-asc-benefit-loan-guarantee-arrangement-beckers-asc-review.html Thu, 02 Sep 2010 13:56:34 GMT Can Your ASC Benefit from a Loan Guarantee Arrangement?
Becker's ASC Review
Many firms provide monetary guarantees for performance through a product known as a surety bond. A surety bond is a promise by a surety (ie, guarantor), ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3446-can-your-asc-benefit-loan-guarantee-arrangement-beckers-asc-review.html BUYINS.NET: (CINF) SqueezeTrigger Price is $26.895. There is $296159564.00 ... - Trad http://forums.jwsuretybonds.com/surety-bond-news/3444-buyins-net-cinf-squeezetrigger-price-26-895-there-296159564-00-trad.html Thu, 02 Sep 2010 10:03:22 GMT *BUYINS.NET: (CINF) SqueezeTrigger Price is $26.895. There is $296159564.00 *...**...
BUYINS.NET: (CINF) SqueezeTrigger Price is $26.895. There is $296159564.00 ...
Trading Markets (press release)
In addition, this segment provides contract and commercial surety bonds, fidelity bonds, and director and officer liability insurance, as well as machinery ...

]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3444-buyins-net-cinf-squeezetrigger-price-26-895-there-296159564-00-trad.html PPACA provisions ensure quality, cost-savings for Medicare - CCH http://forums.jwsuretybonds.com/surety-bond-news/3443-ppaca-provisions-ensure-quality-cost-savings-medicare-cch.html Thu, 02 Sep 2010 06:31:06 GMT
PPACA provisions ensure quality, cost-savings for Medicare
CCH
Certain suppliers and providers will be required to post surety bonds based on the level of risk and volume of their billings to Medicare. ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3443-ppaca-provisions-ensure-quality-cost-savings-medicare-cch.html Steps to issue a Performance Bond?? http://forums.jwsuretybonds.com/performance-bonds/3442-steps-issue-performance-bond.html Wed, 01 Sep 2010 13:45:50 GMT Our client in Hong Kong has required us to issue a performance bond because we are requiring a down payment to begin their project. They gave us the name of their bank on Hong Kong so we proceeded to get our bank in the US to issue a performance bond to their bank with the client listed as the... Our client in Hong Kong has required us to issue a performance bond because we are requiring a down payment to begin their project. They gave us the name of their bank on Hong Kong so we proceeded to get our bank in the US to issue a performance bond to their bank with the client listed as the beneficiary.

Their bank has since returned a note to us that says "WE ARE SORRY THAT WE DO NOT ACCEPT YOUR APPLICATION FOR REQUESTING OUR BANK TO ISSUE THE MENTIONED LETTER OF GUARANTEE AS THERE IS NO PRIOR ARRANGEMENT HAS BEEN MADE AND WE HAVE TODAY CLOSED THIS FILE ACCORDINGLY."

Can someone help explain the problem? We are not sure how to proceed with getting this situation rectified so the performance bond can be issued to our client. ]]> Performance Bonds CJTacoma http://forums.jwsuretybonds.com/performance-bonds/3442-steps-issue-performance-bond.html Academic Assignment: Determine a rough bonding capacity http://forums.jwsuretybonds.com/performance-bonds/3439-academic-assignment-determine-rough-bonding-capacity.html Wed, 01 Sep 2010 01:47:26 GMT Hello guys. I'm a college student studying Construction Management, however I have no construction background myself. I'm hoping someone can help me determine a rough estimate of how much bonding capacity a company could/should have according to my assignment:

Quote:
Working Capital- $8,000,000

Bonding Capacity- ?

Available Line of Credit- $10,000,000

# of Employees- TBD by student according to pro-forma

Annual Revenues- $50,000,000

Profit margin- 10%

Overhead- 24%

Non-cash assets- TBD by student according to pro-forma

Fiscal year= calendar year Most recent completed year is 2009
Hopefully these numbers make sense and maybe someone can help me determine how much bonding capacity such a company should have. ]]> Performance Bonds Robb235 http://forums.jwsuretybonds.com/performance-bonds/3439-academic-assignment-determine-rough-bonding-capacity.html Maryland builder ordered to refund consumers for houses never built - WalletPop (blog http://forums.jwsuretybonds.com/surety-bond-news/3438-maryland-builder-ordered-refund-consumers-houses-never-built-walletpop-blog.html Wed, 01 Sep 2010 00:49:27 GMT Maryland builder ordered to refund consumers for houses never built
WalletPop (blog)
... at least 10 families toward new home construction but didn't place that cash in a secure account or have enough of a surety bond to cover the payments. ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3438-maryland-builder-ordered-refund-consumers-houses-never-built-walletpop-blog.html Wary firms give Zurich a boost - National http://forums.jwsuretybonds.com/surety-bond-news/3437-wary-firms-give-zurich-boost-national.html Tue, 31 Aug 2010 19:31:18 GMT
Wary firms give Zurich a boost
National
While Zurich is the number one surety bond insurer in North America, contractors in the region have historically relied on guarantees from banks to ensure ... ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3437-wary-firms-give-zurich-boost-national.html ProspX Helps Neace Lukens Streamline Communication and Collaboration - Business Wire http://forums.jwsuretybonds.com/surety-bond-news/3436-prospx-helps-neace-lukens-streamline-communication-collaboration-business-wire.html Tue, 31 Aug 2010 13:54:33 GMT
ProspX Helps Neace Lukens Streamline Communication and Collaboration
Business Wire (press release)
... brokerage and consulting firm that provides property and casualty insurance, employee benefits, personal lines, risk management, and surety bonds. ...

and more ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3436-prospx-helps-neace-lukens-streamline-communication-collaboration-business-wire.html Top Stories USDA files action against Philadelphia company - The Packer http://forums.jwsuretybonds.com/surety-bond-news/3432-top-stories-usda-files-action-against-philadelphia-company-packer.html Mon, 30 Aug 2010 17:28:47 GMT Top Stories USDA files action against Philadelphia company
The Packer
Also, its principals could not be employed by or affiliated with any PACA licensee for one year and then only with the posting of a USDA-approved surety bond. ]]> Surety Bond News News http://forums.jwsuretybonds.com/surety-bond-news/3432-top-stories-usda-files-action-against-philadelphia-company-packer.html Contract bid http://forums.jwsuretybonds.com/contractors-corner/3431-contract-bid.html Sun, 29 Aug 2010 01:53:19 GMT Republic Of Liberia Ministry Of Public Works Monrovia,Liberia. To whom it may concern, Official Bid:CONTRACT TO BUILD THE NEW MINISTRY OF DEFENCE This is to inform contractors and the general public that biding is open for construction of the new ministry of defence... Republic Of Liberia
Ministry Of Public Works
Monrovia,Liberia.

To whom it may concern,

Official Bid:CONTRACT TO BUILD THE NEW MINISTRY OF DEFENCE

This is to inform contractors and the general public that biding is open for construction of the new ministry of defence headquaters,Liberia.

Biding will close september 1st 2010,therefore interested contractors should hurry and contact our executive secretary,ministry of public works with the information stated below immediately.

(1)Full Name:
(2)Name of company or organization:
(3)Nationality:
(4)Place of Residence:
(5)Gender and Age:
(6)Working Lincense or Identification passport:

Contact executive secretary with information below for more information:
Full Name:Honorable Henry Duncan
Email:henryduncan001@aol.com
Cell Number:002316570810

We wish you success

Yours Faithfully,
Ms.Kaddieyatu Darrah
Public Relations Officer. ]]> duncan http://forums.jwsuretybonds.com/contractors-corner/3431-contract-bid.html