Do your Clients and Prospects know your Construction Company is Bondable?

Mar 29, 2010     Topics: Anatomy of a Qual-Port

Craig Noble

It is becoming increasingly common for project owners to only award work to bondable contractors. So by completing all of the bonding capacity fields in your Qual-Port, you increase your company’s chances of being contacted by the growing number of project owners, facility managers and general contractors using JobSite123.com to find and prequalify resources for their construction projects.

Similar to your Qual-Port’s Insurance Coverage Template, the 3 most common questions that your Bonding Capacity Template answers are:

1- What are your single project and aggregate bonding limits?
2- Can you prove your stated bonding capacity with a letter from your bonding agent or surety?
3- What is your bonding agent’s contact information – just in case I have questions?

Stay tuned…my next post will explain the purpose of listing your company’s Licenses & Certifications in your Qual-Port.

Tags: bondable contractors, bonding agent, construction projects, facility managers, general contractor's, project owners, surety