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Originally Posted by baddog
hmmm, I had a mainstream telecommunications biz that I ran for 7 or 8 years, did biz with many big companies, purchased equipment, etc, and the only thing that ever got in the way was that I was not bonded for $1 million.
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This is very true, there are also many companies that don't ask for it. Most of the companies that I have run across that ask for it are Tier 1 (and some Tier 2) distributors and wholesalers, as well as quite a few of the bigger Fortune 500s when you start discussing exclusive rights and such. Many of those companies also want to see a D&B Number. I have yet to run across it in this industry though.
(and yeah, I've seen the same bonding issues when applying for certain permits as well
. I hate that crap)