The State of Tennessee has enacted Senete Bill 4170 which requires a protest bond in order to protest or stay an awarded contract. The protest bond is required to be 5% of the lowest bid evaluated, though if the lowest bid is below one million dollars minority/small businesses may petition for an exemption from the protest bond requirement.
For those that are required to obtain a protest bond, the bond its self is payable to the State of Tennessee.
Category: Contract Bonds, HomepageComments (0)
Our state by state Auto dealer guide has been updates to include additional information such as the Obligee name and address, specific state required expirations dates for their dealer bond, and information on the latest bond form.
In additon to this Bryant Surety Bonds now has an additional market for High Risk Auto Dealers which allows us to approve even applicants.
Category: Bad Credit, Homepage, MVDComments (0)
Bryant Surety Bonds will close at 11:30 on Tuesday December 23, 2008. We will reopen on December 30th. We hope you all enjoy your holiday.
While we are closed feel free to browse our site to learn more about surety bonds. If you know what bond you need, and are ready to apply, complete a surety bond application. The process is totally online, and some will qualify for instant quotes. For those who do not receive an instant quote, on of our agents will get back to you promptly when we return.
Thank you, and happy holidays.
Category: Homepage, Operating AnnouncementComments (0)
House Bill 2353/Senate Bill 1795 created the “Irrigation Contractors Licensing Board”. The legislation also calls for a $10,000 License surety bond. The bond is conditioned on compliance and would allow direct action from persons claiming injuries as the result of violation of the law.
Category: Contractor License, HomepageComments (0)
Bryant Surety Bonds, Inc. will be closing at noon on Wednesday 11/26/08 for the Thanksgiving Holiday; we will reopen on Monday December 1, 2008 with regular business hours. We hope all of you have a wonderful and safe holiday weekend.
Applicants can still apply using our online surety bond system and our agents will process your bond when we return.
Category: Homepage, Operating AnnouncementComments (0)
Assembly Bill 180 requires that foreclosure consultants in the State of California obtain a $100,000 Surety Bond and register with the states Department of Justice. The bond is in place for the benefit of the homeowner should the consultant violate the states new law. The original bill called for a $100,000 bond for each transaction.
Category: HomepageComments (0)
SB 1019 was signed into law on October 9, 2008 By Gov. Ed Rendell. This bill requires that RV dealers in PA to post a $30,000 License bond. This bill also gives the Pennsylvania State Board of Vehicles the ability to discipline out of state dealers who violate PA law.
Category: Homepage, MVDComments (0)
Recently House Bill 2463 (HB 2463) was enacted that subjects Mortgage Servicers to the sale licensing/bonding requirements of Mortgage Lenders. The current Bonding requirement of lenders (and now Servicers) is $150,000.
Category: Homepage, Mortgage Banker, Mortgage Broker Surety BondComments (0)
Please pardon any inconveniences you may experience while using our site today (11/8/08). Bryant Surety Bonds is currently updating our site to make it more informational and user friendly. We expect any site oddities to last only a few hours.
Category: Homepage, Operating AnnouncementComments (0)
New legislation went in to effect putting Mortgage Brokers and Lender in the state of Alaska under the regulation of the Alaska Division of Banking and Securities. According to the legislation all new applicants on or after July 1, 2008 must comply with the new regulations. All Mortgage broker and bankers must be in compliance by March 1, 2009.
Among the new rules are a mandatory background check (fingerprints); monitoring of all company applications, records, and daily practices; and all Mortgage Originators will be required to pass an examination as well as completing 24 hours of continuing education every 24 months.
Also, a $25,000 surety bond will be required. Alaska is not a “Brick and Mortar” State, so no physical office is required.
Category: Homepage, License and Permit, Mortgage Banker, Mortgage Broker Surety BondComments (0)
