Contractors Gain Access to Federal Projects

Surety Bonds are required in order to perform federal projects. Historically, bonding companies have prevented many contractors from having access to this work. A large surety company has stepped forward to make a difference.

Charlottesville, VA (PRWEB) November 3, 2008 -- IBCS is actively seeking contractors who have been held back by the unavailability of bid and performance bonds. A new program has been unveiled 11/1/08 which provides bonds for federal work and other projects up to $150 million per contract. A global underwriting style is used resulting in approvals for contractors that may have been declined for bonding elsewhere.

The IBCS Group, Inc. authorized Risk / Claims Manager for the Scarborough Bond and Guarantee Program is a Surety Company that specializes in providing Bid and Performance bonds for contractors.

The company provides 24 x 7 services, is 100% paperless and offers a free online "Instant Capacity Calculator" for contractors to make a self evaluation: www.IBCS.com.

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