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PRODID:-//ChamberMaster//Event Calendar 2.0//EN
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CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20260312T140000Z
DTEND:20260312T153000Z
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SUMMARY:Bond Renewal Season: Are You Really Compliant? - What Every NJ Contractor Must Know About Surety Bonds
DESCRIPTION:Join us for a \n\nBreakfast & Learn\n\n\n\nBond Renewal Season: Are You Really Compliant?" \n\nWhat Every NJ Contractor Must Know About Surety Bonds\n\n\n\nMarch 12th\n\n10:00 - 11:30 AM\n\n\n\nLocation:\n\nPastrami House Delicatessen\n\n82 Speedwell Ave.\n\nMorristown\, NJ 07960\n\n\n\nFees\n\nMembers - $25 per person\n\nNon Members - $35 per person\n\n\n\n\n\nWhat Happens When Someone Claims Your Bond?\n\nSince April 2025\, New Jersey has required surety bonds for residential contractors. Many of you rushed to get bonded last spring to meet the deadline.\n\n\n\nBut here's the reality most contractors don't understand:\n\nWhen a homeowner\, supplier\, or employee files a claim against your bond\, you could be facing financial disaster. Why? Because surety bonds are NOT insurance.\n\n	The surety company pays the claim\n	Then they come after YOU for every penny\n	Plus legal fees\, investigation costs\, everything\n	You're personally liable for the full amount\n	This can destroy your ability to get bonded again\n	One claim can put you out of business\n\n  If you rushed to get bonded last year without fully understanding this\, you need to be in this room.\n\n\n\n----------------------------\n\n \n\nCritical for These Trades:\n\nPainters | Plumbers | Electricians | HVAC Contractors | Roofers | Siding Contractors | General Contractors | Kitchen & Bath Remodelers | Flooring Installers | Drywall Contractors | Window/Door Installers\n\n\n\n\n\n\n\nPresenter:\n\nMartha Mistretta\n\nHUB INternational Northeast
X-ALT-DESC;FMTTYPE=text/html:<div style="margin-left: 0in\; text-align: center\;"><span style="color:#000000\;"><span style="font-family:arial\;"><strong><span style="font-size:18px\;">Join us for a&nbsp\;<br />\nBreakfast &amp\; Learn</span></strong></span></span><br />\n<br />\n<span style="color:#003399\;"><span style="font-family:arial\;"><span style="font-size:20px\;"><strong>Bond Renewal Season: Are You Really Compliant?&rdquo\;&nbsp\;<br />\nWhat Every NJ Contractor Must Know About Surety Bonds</strong></span></span></span><br />\n<br />\n<strong style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;"><span style="font-size:16px\;"><span style="color:#000000\;">March 12th<br />\n10:00 - 11:30 AM</span></span></strong><br />\n<br />\n<span style="font-size:16px\;"><u style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;"><strong><span style="color:#000000\;">Location:</span></strong></u></span><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<span style="color:#000000\;"><span style="font-size:16px\;"><span style="font-family: arial\; text-align: center\; background-color: rgb(255\, 255\, 255)\;">Pastrami House Delicatessen</span><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<span style="font-family: arial\; text-align: center\; background-color: rgb(255\, 255\, 255)\;">82 Speedwell Ave.</span><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<span style="font-family: arial\; text-align: center\; background-color: rgb(255\, 255\, 255)\;">Morristown\, NJ 07960</span><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<u style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;"><strong>Fees</strong></u><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<span style="font-family: arial\; text-align: center\; background-color: rgb(255\, 255\, 255)\;">Members - $25 per person</span><br style="font-family: arial\; font-size: 18px\; text-align: center\; background-color: rgb(255\, 255\, 255)\;" />\n<span style="font-family: arial\; text-align: center\; background-color: rgb(255\, 255\, 255)\;">Non Members - $35 per person</span></span><br />\n<br />\n<br />\n<span style="font-family:arial\;"><span style="font-size:14px\;"><strong>What Happens When Someone Claims Your Bond?</strong><br />\nSince April 2025\, New Jersey has required surety bonds for residential contractors. Many of you rushed to get bonded last spring to meet the deadline.<br />\n<br />\n<strong>But here&#39\;s the reality most contractors don&#39\;t understand:</strong><br />\nWhen a homeowner\, supplier\, or employee files a claim against your bond\, you could be facing financial disaster. Why? <strong>Because surety bonds are NOT insurance.</strong></span></span></span>\n<ul>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;">The surety company pays the claim</span></span></span></li>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;"><strong>Then they come after YOU for every penny</strong></span></span></span></li>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;">Plus legal fees\, investigation costs\, everything</span></span></span></li>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;">You&#39\;re personally liable for the full amount</span></span></span></li>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;">This can destroy your ability to get bonded again</span></span></span></li>\n	<li style="text-align: left\;"><span style="color:#000000\;"><span style="font-size:14px\;"><span style="font-family:arial\;">One claim can put you out of business</span></span></span></li>\n</ul>\n<span style="color:#000000\;"> <span style="font-size:14px\;"> </span><span style="font-family:arial\;"><span style="font-size:14px\;"><strong>If you rushed to get bonded last year without fully understanding this\, you need to be in this room.</strong></span><br />\n<br />\n<span style="font-size:18px\;">----------------------------</span></span></span><br />\n&nbsp\;</div>\n\n<div style="margin-left: 0in\; text-align: center\;"><span style="color:#000000\;"><span style="font-family:arial\;"><strong><span style="font-size:11.0pt\;">Critical for These Trades:</span></strong><br />\n<span style="font-size:11.0pt\;">Painters | Plumbers | Electricians | HVAC Contractors | Roofers | Siding Contractors | General Contractors | Kitchen &amp\; Bath Remodelers | Flooring Installers | Drywall Contractors | Window/Door Installers</span></span></span><br />\n<br />\n<br />\n<img alt="Profile photo of Martha Mistretta" height="200" src="https://media.licdn.com/dms/image/v2/D4E03AQGqxwDNgaqqXw/profile-displayphoto-shrink_800_800/profile-displayphoto-shrink_800_800/0/1713441204115?e=1772064000&amp\;v=beta&amp\;t=wwxWShfiJEHPBWQj6-V5VcKFm__gTyKzXF4QBk1-Jj8" style="height: 200px\; width: 200px\;" width="200" /><br />\n<span style="color:#000000\;"><span style="font-family:arial\;"><span style="font-size:14px\;"><u><strong>Presenter:</strong></u><br />\nMartha Mistretta<br />\nHUB INternational Northeast</span></span></span><br />\n<br />\n<img alt="hub-logo-primary" height="62" src="https://www.hubinternational.com/Assets/Hub/images/Redesign/hub-logo-primary.png" style="height: 62px\; width: 200px\;" width="200" /><br />\n<br />\n<br />\n&nbsp\;</div>\n
LOCATION:Pastrami House 82 Speedwell Ave Morristown\, NJ
UID:e.9445.986
SEQUENCE:3
DTSTAMP:20260414T111102Z
URL:https://business.metrobca.org/events/details/bond-renewal-season-are-you-really-compliant-what-every-nj-contractor-must-know-about-surety-bonds-986
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