Smith-Manus
10 services found

Smith-Manus services

Specialty Bonds

Smith Manus has focused much of its efforts and resources in becoming the leading specialty surety agency. Smith Manus works very closely with our insurance company partners to bring a unique alternative to our clients. As an example, based on our understanding of the environmental industry, we service more environmental firms than any other surety agency. Whether you are looking for a comprehensive bond program, or a single bond, we can help you get the support you need. If your business is required to post surety bonds to meet specialized or long term guarantees, put the Smith Manus program to work for you.

Federal Contracting

A sizable percentage of the contractors bonded by Smith Manus do work for the federal government. We have the great privilege of working with some of the best run, most profitable federal contractors throughout the US. Many of the federal contracting businesses we bond today got their start as environmental firms; some are graduates of the 8-A program, while others work under a variety of federal designations.

Development Bonds

Subdivision and Completion Bonds: Subdivision bonds mandated by local municipalities require builders, developers, and land owners to make specific improvements to property being subdivided. In the current economic climate, many sureties are avoiding these bonds. Smith Manus has developed unique relationships with our insurance company partners which allow us to create aggressive solutions for our clients. It is essential to make sure you work with a company who has a deep understanding of this industry. With three decades of experience, Smith Manus can help you get the bonding capacity you need for your development projects. Different or unusual guarantees challenge traditional surety underwriting. This is especially true of subdivision development. At Smith Manus, we’ve tailored our programs to provide these types of bonds to qualified developers.

Oil and Natural Gas Bonds

Smith Manus: Exclusive focus on surety bonds, 30+ years of industry experience, Committed to building enduring relationships, Flexibility to handle companies of all sizes, Licensed in all 50 states.

Landfill Closure and Post-Closure Bonds

Smith Manus: Exclusive focus on surety bonds, 30+ years of industry experience, Committed to building enduring relationships, Flexibility to handle companies of all sizes, Licensed in all 50 states.

Environmental Remediation

Smith Manus: Exclusive focus on surety bonds, 30+ years of industry experience, Committed to building enduring relationships, Flexibility to handle companies of all sizes, Licensed in all 50 states.

Reclamation Bonds

Smith Manus: Exclusive focus on surety bonds, 30+ years of industry experience, Committed to building enduring relationships, Flexibility to handle companies of all sizes, Licensed in all 50 states.

Construction Bonds

Performance and Payment Bonds

There are many different types of contractual obligations that require performance and payment bonds. The most common being the traditional construction process where a general contractor agrees to undertake a project such as a building, highway, utility line, etc. and the subcontractor trades work under the GC. However, this procurement process is ever changing. We now see owners breaking down major projects into numerous bid packages with a bonding requirement for each trade. The federal government is now awarding construction work under master contracts that may extend multiple years where bonding is required in increments throughout the term of the contract.

License, Permit & Misc

License and Permit Bonds

These bonds guarantee that the principal will follow the terms of the license for which they have filed. They protect the citizens of a city, county or state from damages stemming from the actions of the principal, and require the principal to comply with all laws. They are a prerequisite to the granting of the license or permit. Smith Manus makes the process of obtaining these bonds simple and easy.

Miscellaneous Bonds

There are numerous situations where surety bonds are required to guarantee the performance or obligation of a specific party. Some examples are: replacement of lost securities, performance of public officials, and fiduciary responsibilities of those acting as guardians, administrators, and executors. Bonds are also required in judicial matters where one party undertakes legal action against another. The number of situations where a surety bond is used to provide a guarantee is endless. In a great many cases one party in a business situation will ask for a performance guarantee from another party requiring the drafting of a bond form to fit the specific agreement. At Smith Manus we take the time to understand the compliance requirements and identify the necessary bond forms to be used in all of these unique situations.