The National Association of Surety Bond Producers (NASBP) recently put out an informative article that advises contractors to be sure they’ve taken the necessary steps to verify the authenticity of a surety bond. Not doing so could have wide-ranging consequences that could affect subcontractors, suppliers and project owners, putting construction projects in jeopardy.
Read the full article here: http://www.nasbp.org/blogs/kathy-hoffman/2014/03/25/why-its-crucial-to-verify-a-surety-bonds-authenticity