Bonds

October 9th, 2008
by Chris Oakley

Landscapers that do large commercial jobs and jobs for the government are often required to get their work bonded. These type of clients want assurance that the landscaping business they hire will actually do the job and do a quality job. The bond guarantees that this will be done.

There are many names for these bonds, such as warranty bonds, performance bonds, contract bonds, installation bonds, and others. The bonding company, known as the surety, will guarantee that the work described in the bond application will be completed as specified. If the work is not done, the landscaper will need to redo it. If for whatever reason the landscaper cannot redo the work, the bonding company will hire another company to complete the job.

These bonds typically do not cost a lot of money, but even still, they are not worth purchasing unless your clients need a third party guarantee of your work. If you ever have any questions about bonds for your landscaping jobs, please do not hesitate to contact a BearWise Landscapers agent.

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