Architect Resources

SURETY RESOURCES FOR ARCHITECTS

Managing Project Risks Through Surety Bonds


This document provides an overview of the importance of surety bonds for architects and their owner clients.

NASBP DOCUMENT

What Are Surety Bonds?


This document describes how surety bonds on construction contracts provide critical prequalification of a bonded contractor and financial protection for the owner and certain subcontractors and suppliers.

NASBP DOCUMENT

What Are Sureties?


This document explains that most surety bonds are written by subsidiaries or divisions of insurance companies, which are regulated by state departments of insurance.

NASBP DOCUMENT

Who Are Surety Bond Producers?


This document describes how surety bond producers, who are regulated by state departments of insurance, are business professionals who specialize in providing surety bonds to contractors and subcontractors.

NASBP DOCUMENT

Answers to 30 Questions Architects Ask About Contract Surety Bonding


This document explains how an architect who understands the benefits of bonding construction contracts is better prepared to advise owners how surety bonds help ensure successful contract performance and build strong reputations.

NASBP DOCUMENT

Be Guaranteed to Succeed: We're All Building Something


This compelling video’s dramatic photos of intriguing people, construction projects, and breathtaking cityscapes and landscapes are the backdrop of a narrative describing how surety bonds help to reduce risk in many aspects of our lives and build success.

NASBP VIDEO

DESIGN PROFESSIONALS AS PAYMENT BOND CLAIMANTS?


This article describes the possibilities for architects and design professionals to claim on a payment bond. Included is a 50-state chart providing an overview of each U.S. state’s approach to design professionals as payment bond claimants.

NASBP ARTICLE