On behalf of the National Association of Surety Bond Producers (NASBP) a national trade association representing firms employing surety bond producers, including licensed resident and non-resident agents placing contract surety bonds in the Commonwealth of Massachusetts, we strongly oppose HB 3889, which creates a state guaranty fund for default on public construction surety bond projects.
Topic
Advocacy, Construction Risk Management, Contract Surety
Publish Date
January 19, 2016
Region
Massachusetts, States
Audience
Owners
Resource Type
Comment Letter, Resource Map
NASBP Letter Addressing Locality Requirements in VA Bid Bond