Arkansas HVACR NewsMagazine January 2024

ARHVACR NewsMagazine January 2024

S tate, National, Chapter News State national Chapter News

taxpayer to make sure those doing the work will get it done and dollars aren’t wasted. When you are working with multi ton units in large commercial buildings and you are using a crane to do an install, that is a lot of opportunity for something to go wrong. That is where surety bonds come into play. Your ability to perform the work is backed up by someone else, on top of your property and casualty insurance. For the client, surety bonding provides peace of mind that their project will be completed as agreed upon, and they will be compensated if the contractor fails, which most of the time means they went bankrupt in the middle of the job. For the contractor, it gives you an opportunity to gain more revenue by bidding on government jobs, and to present yourself as a financially stable and sound business. For more information on surety bonds and other commercial insurance, contact Kyle at-- Cross Pointe Insurance Advisors, LLC 12410 Cantrell Road, Ste 200A Little Rock, AR 72223 kyles@cp-ins.com 501-468-0210

May your new year be filled with opportunity and blessing