Bond
A contractor’s ability to secure his work may be limited if he or she is unable to obtain a bid, performance, or payment bond. We reach out to new and emerging contractors to help them obtain their first bond, increase bonding capacity, and ultimately become better businesses. The ability to obtain surety bonds gives these contractors the support and resources they need to increase their contracting opportunities, compete for market share, and grow. Many people have questions about labor insurance. For example, is it necessary to buy labor insurance as long as it is 1099 and not W2? Not necessarily. You may learn more on the Oregon State Government website.
Introduction to Labor Insurance |
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