
| Armstrong & Assoc. Works With Bonding Industry – Get Your Bond Today! |
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| Executive Director | |||
| Wednesday, 15 December 2010 08:59 | |||
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We have partnered with a variety of new businesses and resources, including a new bonding company who is offering CDTOA members exclusive “Broker Bond Pricing” plus an additional 10% discount. Dan Bertrand, with Armstrong & Associates Insurance Services has worked tirelessly to make sure we had a top-rated surety company committed to providing a bond solution at a reasonable price. On pages 9 and 10, we are including the letter from Dan at Armstrong and a Broker Bond Application. The letter and application was sent out to both members and non-members on December 8th, we’re reprinting them again here, plus the application will also be available on our website. Don’t be late to get your bond; it’s a $5,000 fine and a misdemeanor if you don’t! Many of the efforts CDTOA has been involved with over the years, especially legislation, has been focused on industry payment improvements. The new $15,000 Dump Truck Broker Bond is another example of our attempts to level the field within the construction trucking broker industry. It is far too easy to be a broker in our industry and handle hundreds of thousands of dollars that are actually other people’s money, without anything—a bond, capital, or even good credit—nothing. Today anyone can be a truck broker, and that is proving to be unacceptable. While the $15,000-bond may not be perfect, it’s a good start. We are not finished with this; there are many more ideas that may be incorporated into this process to clean up our industry. CDTOA is committed to making this happen.
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