Subdivision Bonds in Connecticut
SB 490/860: Subdivision Bond
This bill will allow for the performance bond required for a subdivision or site plan application to be enlisted before or after the subdivision or site plan is recorded on the land records of the municipality. This is so long as no work begins until after the bond is posted.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
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