The National Association of Surety Bond Producers (NASBP) is a national trade organization of professional surety bond producers, whose membership includes businesses employing licensed surety bond producers placing bid, performance, and payment bonds in Maryland and elsewhere in the United States. NASBP appreciates the opportunity to provide the Economic Matters Committee with written testimony in support of H.B. 885.
Topic
Advocacy, Contract Surety, Risk Management and Insurance, Surety Fraud
Publish Date
March 2, 2013
Region
Maryland, States
Audience
Owners
Resource Type
Comment Letter, Resource Map
Project Owners Beware – Don’t Eliminate Prime Bonds in Favor of Dual Obligee Status on Subcontract Bonds