Five Тhings to Keep in Mind When Choosing a Surety Provider
Surety bonds are one of the backbones of construction, so choosing the right surety company and agent are especially important. They are important allies if something
Avoid Payment Bond Claims With These Six Tips
Payment bond claims are one of the most common, costliest and potentially most disruptive actions that can be brought against a contractor.
Construction Bonds Explained
Surety bonds guarantee that contractors will perform a project in compliance with contractual conditions and legal requirements—protecting project owners, subcontractors
How Performance Bonds Work in Construction
A performance bond guarantees a contractor's performance under a contract. Here’s an overview of why they are required and how they work.
What Do the Newly Adopted FTA Regulations Mean for P3s?
The FTA’s Private Investment Project Procedures rule on funding for public transportation capital projects allows recipients to request a modification or waiver
SBA Decreases Surety Bond Guarantee Fees
The U.S. Small Business Administration is lowering fees for its Surety Bond Guarantee Program—a positive step for small contractors that want to expand and be
Trends and Challenges for the Construction Industry in 2018
What trends and challenges will 2018 bring? Contractors can expect labor shortages, minimal growth, reliance on technology and compliance with new regulations and
Overview of Bonding Regulations for Contractors in 2017
New U.S. bonding regulations may signify a trend toward better regulation of the construction industry through surety bonds. Bonds are also an option for providing