Pedersen & Sons Surety Bond Agency, INC. f/k/a Offenhartz & Pedersen, LTD.

07/23/2026

Starting a construction project on leased property in Nevada? Before you break ground, you may need a Notice of Non-Responsibility bond. — https://t.ly/YWj-2

If you are planning a construction project on leased property in Nevada, you may be required to obtain a Notice of Non-Responsibility Bond before construction begins. These bonds are commonly required for tenant improvements, retail buildouts, warehouse renovations, solar energy projects, industrial...

07/07/2026

A Surety-Backed Letter of Credit is a creative way to reduce your cost of capital, preserve liquidity, and stay competitive — while still qualifying for the project and providing the financials the surety needs. —

We have permanently relocated to 305 Broadway, Suite 601, New York, NY 10007. If you are in the neighborhood, feel free to stop by and say hello. A surety-backed letter of credit is an increasingly popular alternative to traditional bonding and bank-issued letters of credit in construction and comme...

04/23/2026

A mechanic’s lien doesn’t just create a paperwork problem. It can trigger additional bond premiums, litigation, and indemnity obligations that you may not have anticipated.

Update: We have permanently relocated to 305 Broadway, Suite 601, New York, NY 10007. If you are in the neighborhood, feel free to stop by and say hello. A performance and payment bond is a type of surety bond commonly required on construction projects to protect project owners and ensure contractua...

03/04/2026

Most bonding agencies can’t handle developer-owned construction managers. We can. If your lender is requiring a performance & payment bond, here’s exactly how real estate developers can get these bonds approved—fast and on favorable terms. —

Real estate development projects are complex, high-value undertakings that involve multiple parties: developers, investors, lenders, subcontractors, and construction managers. Because of this layered structure, surety bonds—specifically performance and payment bonds—are becoming increasingly com...

02/20/2026

When you work with a team that knows exactly what the courts and county clerks require, you avoid costly mistakes, wasted hours, and rejected filings. —

When it comes to court bonds, accuracy is everything. Whether you’re dealing with an appeal bond, injunction bond, mechanics lien bond, or any other court-required surety bond, even a small mistake can cause significant delays, extra legal fees, and unnecessary stress. That’s why choosing a sure...

01/13/2026

Deadlines sneak up fast — especially when it comes to bonds. Whether it’s for a court case, a project bid, or anything in between, most bonds need a couple of days’ lead time. Some require real signatures and notarization. —

In the world of surety bonds, timing is everything. Whether you’re dealing with a bid bond, a court-ordered bond, or a mechanics lien discharge bond, you must build in lead time—not just to issue the bond, but for signatures, notarization, delivery, and final filing. Too many clients look at the...

12/22/2025

Think all bonds are the same? Think again! Filing the wrong bond or missing a clerk’s requirement can lead to big delays and extra costs. —

(3 minutes to read) When it comes to court bonds, precision is not optional. Every court has its own rules, clerk procedures, and formatting requirements—and if a bond is even slightly incorrect, the court will reject it. That is why partnering with a bonding agency that specializes in court bonds...

11/18/2025

When court deadlines are tight, every hour counts. 🕒 Recently, we helped two clients secure urgent bonds—one in New York State Court and one in Federal Court—both of which were turned around in under 24 hours. Here’s why working with a bonding specialist can make all the difference. — https://t.ly/nXU1g

10/15/2025

Thinking about bidding on public or private projects that require performance and payment bonds? Here’s the truth: your financial statements alone may not be enough. —

Performance and Payment Bonds: Why Contractors Need a Bank Line of Credit (LOC) When bidding on government or private projects, many contractors discover for the first time that they need a bid bond and ultimately a performance bond and a payment bond — two of the most common types of surety bonds...

09/30/2025

Appealing a judgment in New Jersey? You’ll likely need a Supersedeas Bond, but what does that actually mean? — https://t.ly/kejHY