What You Should Know About Bid Bonds


Although they have the word “bond” attached to them, the fact of the matter about bid bonds is that they are NOT investment instruments. They are surety bonds that practically forces contractors to complete projects according to the terms of the contract set by the project owners. But how do they work exactly? Read below to know.

Whenever there is a new construction project in the works, the project owners will make an announcement soliciting bids from the different construction companies. These construction companies then post their respective bids. Not all of these bids are created equal, though, and only those that have bid bonds attached to them are taken seriously.

Whether a project is by a government agency or a private company, the winning bid will always have a surety bond attached to it. This is hardly surprising considering that the Miller Act requires all public works projects over $100,000 to be secured by a surety bond. It is actually not required for small projects, however, the construction industry has gone on to make surety bonds a standard issue in bidding.

A surety bond ensures that the winning contractor completes a project based on the specifications indicated in the project contract. If the contractor fails to complete the project, or does not meet certain requirements in the contract, the project owner can make a claim. But how much does a bid bond cost?

For small projects, it could be anywhere from $100 to $250 while bigger projects cost one to three percent of the total cost. How much a contractor actually pays in bid bond really depends on their financial standing. Just like insurance companies, surety bond companies take a look at the health of their clients (in this case, financial health), and it’s practically automatic for them to check into a company’s finances and credit rating before agreeing to a surety bond.

Obviously, if a construction company has no financial history because it is very new or its finances are not sterling, the more it will need to pay in surety bond. But this is actually good news for those that are wanting in their finances. Just because they have a negative on their balance sheet, it does not mean that they cannot bid on construction projects that will bring money in.

Because there are surety bond companies noted on www.comparmaroc.com that cater specifically to companies with bad credit rating or no credit rating at all, anyone in the construction industry can bid on projects. Of course, there is a caveat, and it is big BUT. Surety bond companies, like insurance companies, charge clients more if they are deemed financially risky. But then again, as it is right now, the standard industry rate is at 1 to 3%, so it really is not much of a financial burden even for companies standing on shaky financial ground.

If your company belongs to this category, make sure to get a quote from at least three surety bond companies.

Categories: Legal

Helpful Tips For Finding Car Injury Lawyers

Car Injury Lawyers

Were you involved in an automobile accident that resulted in an injury? Are you having trouble keeping up with paperwork or dealing with an insurance company? If so, a personal injury lawyer who specializes in car accidents may be able to help. Check out these tips for finding car injury lawyers so that you can get the compensation you deserve as quickly as possible:

1. Don’t delay. If you wait too long after an accident to hire a lawyer, you may miss your window of opportunity. Fast action is usually required. The sooner you reach out to a lawyer after your accident, the better chance you have of being able to successfully negotiate with the other party. Even if your case winds up going to trial, it is best to act quickly while all of the details of the case are still fresh.

2. Don’t hire the first lawyer that you find. Sometimes, personal injury lawyers will take out advertisements on TV or giant billboards around your town. In many cases, these flashy lawyers are not the best pick. Because they do so much advertising, they probably have a really heavy caseload. As a result, they may not be able to give your case the personalized attention that it deserves.

Instead of jumping on the phone and calling the first number that you find, take the time to do some research. If you know anyone else who has ever dealt with the aftermath of a car accident, ask them if they know of an attorney that they would recommend. Alternatively, you can also search online for reviews and recommendations from other people in your community.

3. Check the lawyer’s record. Try to find out how successful they have been with their past cases. Additionally, you can check with your state bar association to see if there are any complaints or violations on the lawyer’s record.

4. Meet with a lawyer before you agree to work with them. Oftentimes, someone who looks great on paper turns out to be a nightmare in person. By scheduling a consultation, you have an opportunity to talk to the lawyer face-to-face. This can help you judge how professional they are and how well educated they seem about the laws surrounding your case. You can also get a sense of whether or not they are really committed to helping you get a good outcome.

5. Discuss your payment options. It is important to know how a lawyer will be paid before you hire them. In most cases, lawyers who specialize in car accidents don’t require upfront payment. Instead, they take their fees out of any money that is recovered in your case. However, every lawyer does things a little bit differently. You need to know exactly what the payment terms are to decide whether or not they are acceptable.

Finding car injury lawyers is not something that should be done lightly. Instead, like any major decision, you should give it careful thought and consideration. After all, the lawyer that you hire is directly responsible for helping you get the best outcome possible in your case.

Categories: Legal

When Seriously Injured It’s Important To Seek The Help Of A Personal Injury Lawyer

Personal Injury Lawyer

There are a lot of professionals in the world, most of them charge a lot of money, so it’s best if you can do without their services if possible. However, there is one kind, the sonsonal injury lawyer, that always earns their pay, and then some. No matter what kind of injury that you’ve sustained, if it was the fault of someone else, a product, a company, or something unknown, there is a chance to recover damages. You might be thinking, OK, you have health insurance so everything will be alright, this can be a huge mistake.

Sometimes There Are Unforeseen Future Complications Involved

In many kinds of accidents, there are injuries to the neck and spinal column, these can be very serious. The worst thing about them is that the symptoms of a major injury may not show for months and could recur in the future as well. The right personal injury lawyer will have expert doctors, chiropractors, and investigators to find the causes of accidents, the extent of the injuries, and know the long-term complications

In any type of injury, there is most likely to be fault. Maybe it’s the car manufacturer,s brakes, or the grocery store janitors wet floor, or even poorly prescribed medicines. Everything deserves an investigation to find the root cause, that’s what a great attorney is for, they may already know who’s responsible as soon as you explain the details.

One of the responsibilities of the attorney in these situations is to make sure that the injured party has enough money in their settlement to cover future medical costs, lost time at work, plus pain and suffering. If you haven’t retained an attorney, the at-fault party may try to get a quick settlement barring future lawsuits, and eliminating your recourse for problems down the line. With a lawyer present, they won’t even try.

Most Personal Injury Attorneys Work On A Contingency Basis

What this means is that they will take a look at your case during a free consultation, examine all the facts you can produce, then take the case on a contingency. They’ll pay the court costs, investigation fees, expert witness charges, and hundreds of other costs in order to collect a portion of the settlement. They won’t take your case unless it looks like they can win in court, or reach an out-of-court settlement.

You shouldn’t worry about settling out-of-court since that’s the way that many insurance companies will settle when they know they’re going to lose. Going to court costs a lot of money in attorney’s fees, court costs, and expert witnesses, so if they can settle and avoid more expenses they will. That also means that the injured person can get paid sooner, get their medical bills covered, and put food on the table while they’re out of work.

If you have been injured seriously, don’t avoid going to an attorney just because you can’t afford one. These cases are always done on a contingency basis, and you may be entitled to recover damages for your pain, suffering, bills and lost work time.

Categories: Legal

Looking For Reputed Car Injury Lawyers?

Car Injury Lawyers
Car Injury Lawyers

If you or anyone in your family is involved in an auto accident, you may require the services of reputed car injury lawyers in your area. A good car injury attorney will help you recover losses resulting from the accident. The insurance provider will always try to pay the minimum compensation to the victim. This is why it is important that you do not come to any settlement with the insurance provider until you hire a reliable car injury attorney for the project. With hundreds of lawyers in the area, finding the best one is not going to easy after all. Here are important tips to consider when hiring the best car injury lawyers in the area.

Auto accidents are a daily occurrence in the United States. The majority of personal injury claims come from auto accidents involving cars, trucks, and other vehicles. This is where the services of a reliable car accident attorney come in handy. These professionals cover a range of issues resulting from an auto accident such as personal injury, property damage, wrongful death, and liability determinations. Make sure you consider the reputation, experience, commitment, location, skill level, and payment structure of the lawyer when hiring such a professional. All car accident lawyers do not operate the same way. There are some lawyers who handle more than one case at a time and may not have enough time to pay attention to every detail in your case. It is best that you avoid hiring such a lawyer and find one who can commit him/herself to your case. This is one of the most important factors to look for when picking the right car accident attorney in the area.

You need to hire an auto accident lawyer as soon as you meet with the accident. This will help prevent any costly mistakes in the process. In fact, you may have to recover medical charges, lost wages, and day to day expenses when you are unable to do any productive work due to the accident. This is why you need to hire a reputable attorney as soon as possible. The attorney will advise you what you need to do in the process of filing the lawsuit. You need to pick a lawyer who has a successful practice in handling personal injury cases in the area. The Internet is a great place to look for such a lawyer. You may do a search on Google for the best auto accident lawyer in your area. Make sure you check the background of each company that comes up for such a search. The attorney you plan to hire should come highly recommended by a vast majority of his/her clients.

Valent Legal (http://valentlegal.ca) is your best bet if you are looking for a reputed lawyer in Halifax, Canada. They currently serve clients in Halifax, Nova Scotia, Prince Edward Island, and New Brunswick. The company comes highly recommended by a majority of their clients in these regions. Call them right now.

Categories: Legal

Finding The Best Lawyers For People With Disabilities


People who are disabled in some way have rights. Unfortunately, there are a lot of people that are willing to ignore or even trample on those rights.

If someone has violated your rights, you may want to take legal action. If your rights haven’t been respected, you may be entitled to receive some kind of compensation.

Of course, you’ll have to find lawyers that specialize in this sort of thing. If you are searching for lawyers for people with disabilities, you may want to talk to the experts at Valent Legal.

Here are a few of the ways in which they might be able to help you:

They Can Get You Money That You’re Owed

Do you have long-term disability insurance? Is your insurance refusing to pay the money that they owe? If this has happened to you, you shouldn’t give up on your cash. You paid into that insurance policy, and you deserve to be properly compensated.

At Valent Legal, attorneys know how to approach long-term disability insurance cases. They will work to make sure that you get all of the money that you are entitled to. They may also be able to secure damages for you.

Knowledge And Expertise

Taking a case to court can be both frightening and intimidating. That’s why you need to work with attorneys that have a great deal of experience.

The lawyers at Valent Legal don’t just have experience in the legal field. They have experience with cases that are similar to yours. Because of this, they will know exactly what they need to do in order to get the problem resolved.

Disability cases are frustrating under the best of circumstances. However, if you work with an experienced attorney, the process will go very smoothly.

Free Consultations

Are you interested in pursuing a case, but aren’t sure your case is strong enough? If so, you should give Valent Legal a call. They offer free consultations to prospective clients. You can talk to them and see if they think you have a case.

You will be able to have a conversation with one of the experts at this law office. You can talk about your case with them, and they will let you know whether or not they would be able to help you in some way.

Getting a consultation can be incredibly helpful. A lot of people don’t have the confidence to pursue a case until a real expert tells them that the case is worth taking on.

Because these consultations are free, you really have nothing to lose. Get in touch with someone at Valent Legal. The sooner you talk to them, the happier you will be.

If your rights are being disrespected, or if you are not getting money that you are owed, you need to take action. Some of the best lawyers for people with disabilities work at Valent Legal. Let these people help you with your case. There is a very good chance that the outcome will be favorable.

Categories: Legal

Why Your Business Needs a Motor Vehicle Dealer Bond

Car Dealer
Car Dealer

If you plan on opening a car dealership, there are various regulations you need to follow. Car dealers must comply with multiple federal, state, and local laws. One of these requirements is that a dealership must have a surety bond to protect consumers.

What is a Motor Vehicle Dealer Bond?

A motor vehicle dealer bond goes by many names including a used car dealer bond, an auto dealer bond or a DMV bond. All of these offer the same protection to consumers. It is meant to shield them against damages in the case of fraud, contract default or any other type of erroneous behavior by the car dealership or its employees.

Why do I Need a Motor Vehicle Dealer Bond?

If you or any of your employees commit fraud, even if it was unintentional, this bond will ensure the car buyer is protected from any of the damages or consequences that occur as a result of your actions. This bond is required by government agencies before a car dealer can get their license to sell cars.

In addition to meeting government requirement, the bond also helps consumers feel safe when purchasing a vehicle. This peace of mind may be enough to cause a buyer to purchase a vehicle without fear since they can resolve any disagreement with the bond company if they are not satisfied with the response taken by the dealer.

How do I get a Motor Vehicle Dealer Bond?

You can apply for a dealer bond through a surety bond company. The company will request financial documents in order to appraise the financial stability of the company. They may request a credit report in connection with your application. The main reason for gathering this information is to make sure your company can afford to pay the cost of the bond and that the company is secure.

If your company’s financial situation is not adequate or the credit score is poor, you may have difficulty obtaining a bond. In this case, you may need to find a surety bond company that has programs that can enable you to get a bond with bad credit or poor financials. You can contact one of these companies, like Bonds Express to get more information.

Where Should I Start?

Before you begin the process of opening a car dealership you should check with your state to determine the requirements you need to meet in order to open your business. Since each state has different rules and these rules can change at any time, it’s important to get the latest information.

Your state can tell you how much the bond needs to be for. The surety bond company will also need to know what type of vehicle you will sell and the type of license you will be issued by the state.

This information will ensure you get the appropriate bond to start your business. This knowledge will also help you when looking for a surety bond company to work with.

Categories: Legal

About The Injury Law Firm McLeish Orlando

Personal Injury Lawyer
Personal Injury Lawyer

McLeish Orlando is a personal-injury law firm based in Toronto that specializes in representing individuals that have either lost their partner or loved one through negligence caused by another individual or for individuals who have sustained serious injuries caused by the negligence of another individual. This firm has been recognized for personal-injury law and wrongful death. They are known for representing individuals with orthopedic injuries, spinal and brain injuries.

This private organization was founded in the year 2002 and has been in operation about seven years less when compared to typical Canada companies and nine years less than the average legal service firms.


McLeish Orlando generates on average $4.19 million annually in revenue. This figure is around 14 times higher when compared to the $308,773 average for all the other legal-service firms based in Canada. This places this personal-injury law firm in the top 10% of the companies that are related to this industry.


On average this company has around 40 employees. On average in Ontario, companies typically have around three to eleven employees, which mean that more individuals work at McLeish Orlando LLP when compared to the average companies in this area.


McLeish Orlando has the following credentials that have been granted to their lawyers:

•They have obtained the highest judgment for personal injuries in the history of Canada which amounted to $18.4 million.

•Have recovered $100s millions for injures clients.

•They have three specialists that have been certified in relation to Civil Litigation from the Law Society Of Upper Canada

A Certified Specialist designation is limited to a very small number of lawyers that operate in Ontario. This designation is given on the basis that these individuals demonstrate the right judgement and are willing to take on all remedies that are available in their area. The three specialists at this firm include Patrick Brown, Dale Orlando and John McLeish.

A legal directory known as Lexpert is used to rank lawyers who work in Canada. During 2013, Lexpert contacted a number of Personal injury litigators in order to compile a list that included the highest recommended lawyers from other lawyers. On this list three of the partners at McLeish Orlando featured on the list including Dale Orlando, John McLeish and Patrick Brown for 2014 as well as 2015.

Best Lawyers is known as the most respected as well as oldest peer-review publication known to the legal-profession. The lawyers who are recognized in these publications have an intense amount of respect amongst their peers. This is related to their integrity, professionalism and abilities. Patrick Brown, Dale Orlando as well as John McLeish have all been chosen by peers to be included in the Best Lawyers 2016 edition for Personal Injury Litigation in Canada.

Another important credential for this company comes from an independent magazine known as Canadian Lawyer Magazine that conducts online surveys with confidential interviews. These interviews are conducted with the lawyers that deal directly with these firms and refer work. McLeish Orlando was one of the firms that ranked in the Top 10 for the Personal Injury Boutiques for the period 2015 to 2016.

Categories: Legal