Contractors can evaluate potential projects to ensure that an owner’s planning failures do not become the contractor’s problems by focusing on personnel, processes and technical features.
2021 Executive Insights: Leaders in Surety Bonding
Industry experts share their thoughts on all things surety bonding-related in 2021.
For All of Modular Construction’s Appeal, Beware of Risks and Insurance Complications
In modular construction, the shift from field construction to field assembly shifts the risks from defects to product liability. Fortunately, the right insurance can mitigate that risk.
When Should a General Contractor Require Subcontract Bonds?
The relatively low cost of a subcontract bond provides the opportunity for greater recovery in the event of a default, and it provides a greater certainty of a successful outcome on the overall project for the continued profitable operation of the general contractor’s enterprise.
Is the Surety Industry at an Inflection Point for Paperless Construction Bonds?
The working conditions necessitated by the COVID-19 pandemic are accelerating the surety industry’s efforts—and the interests of bond stakeholders—to move toward paperless processes and environments.
Many Contractors Remain Unaware of the Refundable Tax Credit for Employee Retention
Many businesses remain unaware of the Employee Retention Credit and the benefit that it could bring them if they qualify. It is always worth exploring the possibility of qualification for any company, as the dollars involved can often be startling.
The Emergence of Employee Vaccination Tracking in Construction
Expect various firms in the construction sector to start mandating vaccinations and require proof of vaccination as we enter late 2021. How did we get to this point? What's the state of COVID-19 in construction, and where do we go from here?
Breaking the Bonds of the Past
For surety groups unable to build and maintain their own surety systems, third-party software solutions can help usher them into the next century of bonding.












