Computerized method, apparatus and system for issuing surety bonds

A computer program product comprising a non-transitory computer readable storage medium having computer readable program code embodied therein and executable for causing a computer system to display one or more screens in a method of requesting and using a surety bond, said method comprising;

• authorizing an agent for access to the computer system, by a surety company, using an agent authorization screen, said access authorizing the agent for issuing surety bonds on behalf of the surety company;
• requesting, by a contractor, of a bid bond from said authorized agent;
• accessing the computer system, by said authorized agent, using an agent login screen, and entering, by said authorized agent, of said bid bond request into a bond application screen;
• approving of said requested bid bond, by said authorized agent, comprising providing a bond authorization code to the contractor, and storing said approved bond in said storage medium;
• submitting of said bond authorization code, by the contractor, to an owner/obligee;
• accessing the computer system, by the owner/obligee, using an owner/obligee login screen;
• and
• verifying said approved bid bond, by the owner/obligee, by:
• entering said bond authorization code into a bond search screen;
• and
• viewing said approved bid bond.

A computer program product comprising a non-transitory computer readable storage medium having computer readable program code embodied therein and executable for causing a computer system to display one or more screens in a method of requesting and using a surety bond, said method comprising:

• authorizing an agent or de-authorizing the agent for access to the computer system, by a surety company, using an agent authorization screen, said access authorizing the agent for issuing surety bonds on behalf of the surety company;
• requesting, by a contractor, of a bond from said authorized agent;
• accessing the computer system, by said authorized agent, using an agent login screen, and entering, by said authorized agent, of said bond request into a bond application screen;
• approving of said requested bond, by said authorized agent, comprising providing a bond authorization code to the contractor, and storing said approved bond in said storage medium;
• submitting of said bond authorization code, by the contractor, to an owner/obligee;
• accessing the computer system, by the owner/obligee, using an owner/obligee login screen;
• and
• verifying said approved bond, by the owner/obligee, by entering said bond authorization code into a bond search screen.

A method of requesting and using a surety bond in a general purpose computer system comprising a central processing unit;

• a display device;
• an input means;
• and a non-transitory computer readable storage media for storing instructions to program the general purpose computer, wherein the instructions configure the general purpose computer to perform the steps of said method, said method comprising:
• authorizing an agent or de-authorizing the agent for access to the computer system, by a surety company, using an agent authorization screen, said access authorizing the agent for issuing surety bonds on behalf of the surety company;
• requesting, by a contractor, of a bond from said authorized agent;
• accessing the computer system, by said authorized agent, using an agent login screen, and entering, by said authorized agent, of said bond request into a bond application screen;
• approving of said requested bond, by said authorized agent, comprising providing a bond authorization code to the contractor, and storing said approved bond in said storage medium;
• submitting of said bond authorization code, by the contractor, to an owner/obligee;
• accessing the computer system, by the owner/obligee, using an owner/obligee login screen;
• and
• verifying said approved bond, by the owner/obligee, by:
• entering said bond authorization code into a bond search screen;
• and
• viewing said approved bond.