MONROVIA, CA — Local contractors can learn how to secure surety bonds and qualify for larger construction projects during a free seminar hosted by HUB International on Dec. 1 in Monrovia.
The seminar will run from 10 a.m. to 11:30 a.m. in the Monroe Room at the Monrovia Community Center, the city announced Friday.
The session will provide practical information about surety bonding, which is often required for contractors seeking to bid on public works projects and larger private construction jobs, the city said.
Attendees will learn about the basics of bid, performance, payment and license bonds, as well as what bonding companies consider when evaluating contractors for approval.
The seminar also will cover strategies for building bonding capacity over time and introduce the U.S. Small Business Administration's Surety Bond Guarantee Program.
The federal program provides an alternative path to bonding for small and emerging contractors who may not yet meet the requirements of traditional surety companies.
Seating is limited, and advance registration is required. Interested contractors can reserve a spot by emailing Amir Betties with their name, company, email address, phone number and preferred session, the city said.
Contractors unable to attend the Monrovia seminar can attend a second session from 10 a.m. to 11:30 a.m. Dec. 3 at HUB International's office in Diamond Bar.
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