Non-Bid Express eBonding
Non-Bid Express eBonding
Contractors file surety bonds with obligees to guarantee performance. A growing number of obligees now accept surety bonds electronically.
SurePath is a web-based surety bond processing and management system that also provides the process for creating electronic bonds for submission to obligees. SurePath receives input from the agent/contractor and provides output (bond verification) to the obligee.
Several parties are involved in the electronic bond submission process: the contractor, the obligee and the surety agent each with its own requirements and tools.