What Are Surety Bonds in Construction? How Construction Bonding Really Works with Gary Eastman

If you’ve ever seen “licensed and bonded” on a contractor’s truck but didn’t really know what that meant this episode is for you.

In this episode of Construction Champions, host Ron Nussbaum talks with Gary Eastman, attorney and founder of Swiftbonds.com, about the truth behind surety bonds, what they are, how they work, and why more private and residential projects are starting to require them.

Gary breaks down everything contractors need to know about bonding, including:

What a surety bond actually is (and how it protects all parties)

The difference between performance and payment bonds

How much bonds cost (and who pays for them)

Why surety bonding is moving from government to private sector projects

How contractors can get approved for their first bond

Common myths about bonding that hold builders back

Whether you’re in commercial, residential, or public work, this episode will make you more informed than 90% of contractors in the field.

Learn more at

https://swiftbonds.com/

or connect with Gary on LinkedIn https://www.linkedin.com/in/gary-eastman-6284323/

Listen on Wreaths Across America RadioMondays at 2pm ET and Saturdays at 8pm ET

https://www.wreathsacrossamerica.org/Newsroom/WreathsAcrossAmericaRadio

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Connect

Ron

https://www.linkedin.com/in/ron-nussbaum

https://www.ron-nussbaum.com/

BuilderComs: The Client Communication Hub for Construction

https://www.buildercoms.com/

Website

https://www.constructionchampionspodcast.com/