Workers’ Compensation Safety Records Can Affect Your Bond Capacity


Once an owner or developer selects your company for a construction project, one of your many tasks is to ensure that your workers’ compensation program meets all contractual requirements.

On larger projects, construction contracts normally detail which contractor is responsible for ensuring all workers have workers’ comp coverage. Not all contracts are as clear as they should be, however. Many smaller construction projects occur with a simple handshake. Relying on your subcontractors to furnish their own workers’ compensation coverage can lead to problems for your construction company, including difficulty in obtaining the surety bonds you need.