Blaisdell Bonding

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admin — Sat, 15 Aug 2009 15:11:57 +0000

License & Permit Bonds

admin — Fri, 14 Aug 2009 18:19:21 +0000

License or Permit Bonds are types of surety bonds that are required by a State or Federal entity for most businesses to obtain a license to operate.

Call to talk to a Blaisdell Bonding professional to establish a Bond Line today!!!

If you need assistance prior to completing the necessary information, please contact us at (714) 674-1921 or email us by clicking here.

APPLICATION – select the one that applies:

Contractors License Bond Application
Misc. Bond Application
Application for Bonds over $250K

Personal Financial Statement
Current Business Financial Statement.
Bond Form supplied by obligee.

To view these documents, you need to have the Adobe Acrobat Reader.

Click here to download

Contract Bonds

admin — Thu, 13 Aug 2009 20:18:21 +0000

A surety bond is a three-party agreement used by the construction industry to guarantee the performance of obligations under a contract. Surety bonds offer assurance that the contractor is capable of completing the contract on time, within budget and according to specifications.

Since the 1800’s the US Government has required contractors on federal public works contracts to obtain surety bonds to guarantee they will perform and pay subcontracts and suppliers.

Securing a surety bond is the key to securing a public works contract.

Three important areas an underwriter looks at in prequalification are:

CHARACTER
CAPITAL
CAPACITY

When completing your application, please keep this in mind. You may want to read the informational brochures under the Resources section of this website for more detailed information.

Call to talk to a Blaisdell Bonding professional to establish a Bond Line today!!!

If you need assistance prior to completing the necessary information, please contact us at (714) 674-1921 or email us by clicking here.

Bonds under $250,000

Application
Personal Financials on all owners
Copy of the underlying contract / Bid specifications
Verification of liquid assets
of both the company and the individuals

Bonds $250,000 & over

Contractor Questionnaire – Application
Bond Request Form
Job Cost Breakdown
Work-On-Hand Schedule
Personal Resume
Current Personal Financial Statements for each owner over 10%
Copy of Contract
Bank Letter (click for a sample)
Last three year-end CPA prepared financial statements
of entity requiring bond and significant affiliates or related companies.
Year end financial and most current financial statements
of entity requiring bond and significant affiliates or related companies. CPA prepared statements preferred but not required.

To view these documents, you need to have the Adobe Acrobat Reader.

Click here to download

Bonds for All Contractors and Businesses

admin — Thu, 30 Jul 2009 22:29:26 +0000

Blaisdell Bonding has built a respected reputation for serving the construction industry as a leader in providing surety bonds to contractors who may not qualify elsewhere. We understand the unique qualities of each client and make it a top priority to provide personalized service.

We only represent the top “A” rated insurance companies that are also treasury listed, in order to make certain your bonds meet the qualification requirements.

As a member of the National Association of Surety Bond Producers, we pride ourselves in providing specialized service of surety bonds to contractors, small and large, all over Southern California.

It is our goal to make certain you receive the most comprehensive and complete surety program giving you the opportunity to grow your business and have a peace of mind.

Through relationships with other surety bond programs, we have the right tools and contacts to help you qualify for a bonding program.

Please contact us for more information using the form below.

List of resources:

SBA – Bond Guarantee Program- see website for detailed information:

Los Angeles Bond Assistance Program – see website for detailed information:

Blaisdell Bonding will help guide you through the process of accessing these programs to expand bonding capabilities.