License and Permit Bond

We recently spent quite a bit of time getting a license and permit bond for a local municipality that required it. This bond is really like insurance for the municipality.  What this bond does is make sure that we are properly providing services for the people that we contract with and, then, we can go ahead and do the jobs that we bid on. This bonding requirement was recently added as there were multiple instances of other companies coming into the area to provide shoddy or incomplete work.  So, the bond requirement was added to make sure that the companies that were working locally were real companies that could provide a good service to the community.