Construction Trucking Services Surety Bond

A Broker of Construction Trucking Services Surety Bond is a license and permit surety bond required by certain jurisdictions. A Broker of Construction Trucking Services is a defined as any person or company that arranges for transportation services to be provided by an independent contractor motor carrier for any construction project and who is responsible for paying the transportation charges of the contracted motor carrier. The bond secures the payment of claims of a contracted motor carrier of property in dump truck equipment if the broker failed to pay the carrier within the time period specified by the laws of the jurisdiction requiring the surety bond.