What Construction Bonding Market Could Look Like Post COVID-19

In the last two months, we have started to see the tightening of bonding markets.  With the uncertain future and financial impact of the last several months, surety companies have started to underwrite more thoroughly and request additional information. Due to COVID-19, we could be going towards a hardening market.  This article highlights the importance of demonstrating financial stability in several areas to keep your bonding credit line open.