A Texas municipality considers waiving surety bonds for a construction project in order to increase the competition on the bid, and in turn, lower the bid amounts.
They change their minds after the Surety & Fidelity Association of American writes to the council members advising them of the dangers of eliminating the bond requirement. (Click here to view a copy of the letter).
Public project owners in Southern California are increasingly making their prequalification process more difficult, in particular, for smaller contractors. So, the attempt by this Texas municipality, I would think, would be considered a very unusual move by Southern California contractors.