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Surety Bonding

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Home » Topic » Risk » Surety Bonding

Subcontractor Performance Security: Questions Answered

by Marla McIntyre | Apr 5, 2018
Safety | Surety Bonding

Contractors shouldn’t underestimate the value of a surety bond guarantee when bonding subcontractors, what that means to the subcontractor providing the bond and how that makes them approach a bid.

2018 Executive Insights: Insurance and Bonding

by Construction Executive | Apr 5, 2018
Business | Executive Profiles | Insurance | Risk | Surety Bonding

Six industry experts offer insight on insurance and bonding best practices.

Protections From the Failure of Other Contractors: Maintain Security Rights

by Nate Budde | Feb 21, 2018
Risk | Risk Management | Surety Bonding

Failure by any project participant can be felt up and down the payment chain and extend to other projects. For protection against other parties’ failures, always preserve mechanics lien and bond claim rights.

Understanding Bonding Capacity in a Soft Market

by Jim Swindle | Jan 31, 2018
Safety | Surety Bonding

Surety capacity is at an all-time high and underwriting remains relatively soft. Express, or credit score-based programs, are available for small bonds, but this is a good time to pursue traditional bonding capacity as well.

What 2017 Brought in P3 Legislation and What to Expect in 2018

by Vic Lance | Jan 30, 2018
Legal and Regulatory | Legislation | Surety Bonding

In 2017, several states enacted P3 legislation that allows or expands the use of partnerships for public projects. That trend is likely to continue in 2018, along with requiring surety bonds in P3 contracts.

Bonding Design-Build Contracts

by James P. Schabarum II | Nov 27, 2017
Business | Insurance | Project Delivery | Risk | Safety | Surety Bonding

There is a growing trend for owners to push erroneous design-build contractual terms and conditions onto design-build contractors that are well beyond what is reasonable and insurable.

Contractors Should Be Prepared for a Hard Surety Cycle

by JD Weisbrot | Nov 27, 2017
Business | Economy | Risk | Surety Bonding

Currently, contractors are benefitting from loosened underwriting, lower rates and higher bond limits, which will eventually lead to larger surety losses as the surety marketplace tightens.

2017 Executive Insights: Surety Bonding

by Construction Executive | Nov 7, 2017
Business | Risk | Surety Bonding

Get expert answers to questions on construction bonding, surety, risk management, dispute resolution and more.
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