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Thread: Contractor

  1. Carboholic
    Carboholic is offline Member
    Join Date
    Oct 2006
    Posts
    69

    Contractor

    I was recently asked by a potential client if I was bonded. I'm insured and licensed, but not bonded. I looked into it and the state does not require contractors to be bonded. Is it worthwile to obtain a bond if not required, if only for customer reassurance? What is the purpose of this?
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  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
    Posts
    755

    If the state does not require a bond of you, then there is no bond to obtain. A bond is a three party agreement and can not be accomplished without the third party (the government in this case) requiring it of you.
    Surety Bond Articles
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