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Home > Goldleaf Surety Blog > Goldleaf Assists Fiber Optic Companies with Bonding

Goldleaf Assists Fiber Optic Companies with Bonding

July 13, 2016by Lori Olson

fiber opticOver the last several months, Goldleaf Surety has assisted several fiber optic company’s obtain the bonding support they needed.  Working with our surety partners, we were able to obtain bonds in situations where others had said no.  Each situation below had factors which Goldleaf Surety was able to understand and present to a surety so that they were comfortable with the risk.

  • Assisted a private equity owned company which designs, installs and maintains private fiber networks for schools, governmental entities and private business to obtain the bonding necessary to pursue various multi-million dollar public school projects.
  • Assisted a privately held company which provides dedicated transport, broadband, Next-Generation Business IP and Next Generation 911 solutions to obtain the bonding needed to pursue a $15,000,000 project to provide a countywide Next Generation 911 Call Management Systems Services.   The company is owned by two independent telecommunications companies;  the project was 3 times larger than any previously performed projects; and it was a 5 year contract where we were able to obtain the bond on an annually renewable.
  • Assisted a privately held company which provides data and voice services to business in both rural and urban areas of the Pacific Northwest, and which is owned by several electrical cooperatives to obtain the bonding needed for a $5,500,000 project for E-Rate 470 Fiber Optic Cable Infrastructure. Approval for the $5,500,000 bid bond was received from an A+ (Superior) rated surety company within one business day after submission.

Licensed in all 50 states, our surety specialists create surety bond results for all types of companies and specific bonding requirements. We are able to leverage key surety company partnerships to give Goldleaf Surety an advantage that we’re looking forward to proving to you.

Filed Under: Goldleaf Surety Blog Tagged With: bond, contract terms, fiber optic contractor, hard to place bond, performance bond, private equity, surety bond, underwriter, underwriting considerations

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