Join MCSC Women’s Business Center Director Norma Dunn and Thomas Scheu, Business Opportunity Specialist, from the SBA Fresno District Office as they discuss the Bonding for Government Contracts and its components.
If your small business performs contract work, chances are there will be a need for a surety bond. A surety bond, also known as a contract bond or contractor bond, may be required by the owner of a project and will be described in the project specifications. Contract bond requirements will vary from place to place and project to project because of differing laws and regulations at the federal, state, and local level, as well as the requirements of the project owner.
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