Why You Need a Licensed, Insured, and Bonded Contractor
Choosing an appropriately qualified, licensed, and bonded contractor is a must for any project, especially if you require firestopping and concrete cutting services.
Whether you’re shopping around for firestopping, concrete cutting, or other specialty services, choosing the right contractor is critical. Your contractor is your business partner, and their work on your building will have an impact for many years to come. Poor results have the potential to affect your business negatively and even present safety hazards down the line. Licensing is particularly important — in some cases, working as a contractor without a license is against the law. Choosing an appropriately qualified, licensed, and bonded contractor is a must for any project, especially if you require firestopping and concrete cutting services.
Why is Choosing a Bonded Contractor So Important?
In addition to having the expertise and resources necessary to complete your project well, the contractor you choose to work with should also be appropriately and thoroughly bonded. Bonded contractors operate with one or more of a few types of bonds in place, which essentially act as protection for clients and subcontractors. Contractor license bonds, surety bonds, and fidelity bonds are just some of the resources that bonded contractors may use. Each bond has unique terms, but working with a bonded contractor generally gives clients, subcontractors, and suppliers greater peace of mind.
Your Contractor Should Also Be Licensed
Bonds are just one type of protection and assurance that clients should look for. Contractors (particularly those involved in firestopping) should also be licensed. In some jurisdictions, it is actually illegal to offer contracting services without a contractor’s license. This is the case in Virginia, where failure to hold a contractor’s license when performing contracting work is considered a criminal offense. Even in places that do not require a license, working with a licensed and bonded contractor is considered ideal.
Difference Between an Insured and Bonded Contractor
Many people are confused by the differences between insured and bonded contractors. Simply put, bonds are like a supplement to a contractor’s insurance. Insurance covers many potential situations and complications that can arise during a project, but bonds tend to take coverage a step further. Working with an insured contractor that is also bonded ensures greater protection in the event of mishaps during construction. At the end of the day, stakeholders and decision-makers need to find contractors that they can trust. Selecting a licensed, insured, and bonded contractor is the best way to feel at ease, get great results, and be protected in case of complications.
Revitalize Your Business with G&M Services
G&M Services is proud of our employees and the dedication they have for safety in the workplace. We reward our employees for displaying positive safety practices. We incorporate weekly and monthly discussions and meetings to ensure that all involved know how to handle equipment and potentially risky situations during a project. We offer services in the way of concrete drilling and sawing, concrete scanning, and Firestop. To get started with us, call today at 410-787-8828 or visit our contact page. Follow the official company page today on Facebook, Twitter, and LinkedIn.
