Surety Bonding

A Surety Best Practices Checklist for Busy Contractors

by Michael Anderson | Oct 31, 2018
Safety | Surety Bonding

Today’s global economy contains increasing levels of uncertainty, where even best-in-class construction companies can be impacted by changes in the surety marketplace unrelated to their own financial and operational performance. John Alberici, chairman of Alberici [...]

Six Tax and Surety Considerations for the New Lease Accounting Standard

Contractors should discuss how changing accounting methods, tax planning and complying with the lease accounting standard will impact current and future surety agreements and debt covenants.

SBA Decreases Surety Bond Guarantee Fees

by Todd Bryant | Oct 5, 2018
Risk | Surety Bonding

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 competitive in the bidding process.

The Availability of Contractual Defenses to Sureties in Miller Act Payment Bond Claims

by Scott D. Cessar | Oct 4, 2018
Dispute Resolution | Legal and Regulatory | Surety Bonding

A federal court's ruling in favor of a subcontractor’s delay claim, despite no damage for delay language in the subcontract, presents a potentially potent weapon for unpaid subcontractors and prime contractors.

A General Contractor’s Guide to State Surety Bond Thresholds

by Eric Weisbrot | Sep 21, 2018
Legal and Regulatory | Surety Bonding

Here’s a a comprehensive list of the thresholds for general contractors when it comes to staying compliant with license and bond requirements.

The Pros and Cons of Being a Qualified Contractor

by Eric Weisbrot | Sep 18, 2018
Business | Business Development | Surety Bonding

When the benefits and challenges are weighed against one another, those who have the personal traits and follow the licensing process will be set up for long-term success as a qualified construction contractor.

Two Sides of the Surety Risk Coin

by Peter Menge | Aug 28, 2018
Dispute Resolution | Safety | Surety Bonding

There are two sides to managing surety risk. When acquiring a bond, consider cost and the company’s bond limits. When making a bond claim, proactively communicate with the surety.

Dispute Resolution of Performance Bond Claims

by Scott D. Cessar | Aug 21, 2018
Dispute Resolution | Legal and Regulatory | Risk | Surety Bonding

To avoid litigation on whether a surety may be compelled to arbitrate, contractors and owners should specifically incorporate appropriate language in the contract documents.

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A Surety Best Practices Checklist for Busy Contractors

Six Tax and Surety Considerations for the New Lease Accounting Standard

SBA Decreases Surety Bond Guarantee Fees

The Availability of Contractual Defenses to Sureties in Miller Act Payment Bond Claims

A General Contractor’s Guide to State Surety Bond Thresholds

The Pros and Cons of Being a Qualified Contractor

Two Sides of the Surety Risk Coin

Dispute Resolution of Performance Bond Claims

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