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Continous Performace Bond - ESOP, no personal ind.
Posted: Wed Mar 01, 2006 12:08 pm
by JWeaver
Does anyone know of a bond market that is writing continous performance bonds for an employee owned company, and there is not a personal indeminifer? HELP. Thank you.
Posted: Tue Jan 15, 2008 11:35 am
by bondguy
You MIGHT find a surety willing to CONSIDER that with 100% collateral, but not likely.
Posted: Wed Jan 16, 2008 2:00 pm
by yoyowordup
Travelers is writing contract bonds for and ESOP contractor. They have a fairly large program in place. They also have LOTS of controls including collateral in a set-aside account that they have access to.