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Hanover, MD 21076

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Why Hiring a Licensed, Insured, and Bonded Contractor Makes All the Difference

Why Hiring a Licensed, Insured, and Bonded Contractor Makes All the Difference

Picking the right qualified, bonded, and licensed contractor for a project is crucial.

Whether you are simply shopping for firestop, concrete drilling, or other niche services, picking the right contractor is so important. Your contractor is a business partner, and their work on your property will leave a long-lasting impact for years to come. Bad results can affect your business negatively and even modern-day safety hazards down the line. Licensing is important, and in some cases, working as a contractor without a license is actually against the law. Picking the right qualified, bonded, and licensed contractor for a project is crucial, especially if you need firestopping or concrete drilling and cutting services. Read on to learn more!

Why Is Picking a Bonded Contractor So Crucial?

In addition to having the right expertise and resources needed to complete your project on time, the contractor you decide to work with should also be bonded appropriately and thoroughly. Bonded contractors work with one or more of a few kinds of bonds set in place, which basically act as protection for subcontractors and clients. Contractor license bonds, fidelity bonds, and surety bonds are just a handful of resources that bonded contractors could use. Every bond has unique terms, but working with bonded contractors will usually gives subcontractors, clients, and suppliers much greater peace of mind.

The Contractor Should Be Licensed Too

Bonds are just one unique kind of protection and assurance that clients need to look out for. Contractors, usually those involved in firestopping, should be licensed. In a few jurisdictions, offering contracting services without a license is illegal. This is the case in Virginia, where if you fail to hold a contractor’s license when performing work, it’s considered a criminal offense. Working with bonded and licensed contractors is considered smart, even in places that don’t require licenses.

Difference Between Bonded and Insured Contractors

A lot of people are confused by the differences between bonded and insured contractors. Simply put, bonds are a lot like supplements to a contractor’s insurance. Insurance covers various potential situations or complications that could arise during a project, but bonds will tend to take coverage a step further. Working with insured contractors that are bonded, too, will ensure much greater protection in the event of any slip-ups during the construction process. At the end of the day, you have to take it upon yourself to find contractors you can trust. The best contractors to trust are bonded, insured, and licensed.

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.