Bonding Rate

0.5%

Bonding Capacity

$1.0 Billion single project

$2.0 Billion aggregate

The bonding rate of a contractor is generally accepted to be a measure of:

  • A contractors credit and financial strength
    (NESM has exceptional financial backing as a member of the Lyles Construction Group)
  • The type of financial statements maintained by the contractor
    (NESM financials are audited by an independent CPA every year)
  • A contractors past performance on projects
    (NESM has demonstrated superior performance on over 175 years of projects)