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Surety Bonding

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Home » Topic » Risk » Surety Bonding

Overview of Bonding Regulations for Contractors in 2017

by Todd Bryant | Nov 6, 2017
Legal and Regulatory | Regulations | Risk | Surety Bonding

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 financial security on projects.

Talking the Talk: How Contractors Should Communicate With the Surety

by Todd A. Feuerman | Nov 3, 2017
Finance | Safety | Surety Bonding

Viewing the surety firm as a business partner rather than an adversary can be the difference between a successful contractor and an unsuccessful one.

The Power of Partnership: Choosing the Best Surety Agent for the Job

by Scott Paice | Nov 3, 2017
Safety | Surety Bonding

Thanks to several years of favorable industry-wide results, there is plenty of capacity in the surety marketplace. Carriers and agents are aggressively competing for contractors’ business.

Filling the Surety Industry’s Generation Gap

by Scott Albrinck, Colin Lengyel | Nov 2, 2017
Recruitment | Risk | Surety Bonding | Workforce

Two-thirds of U.S. contractors are having a hard time finding qualified workers and possess a virtually nonexistent backfill of young talent entering the industry.

Three Key Determining Factors to Surety Bond Approval

by Lee Spino | Nov 1, 2017
Finance | Safety | Surety Bonding

Understanding the underwriting process for a surety bond can help secure approval. Three determining factors are experience, financial strength and financial presentation.

The Three Cs of Maximum Construction Bonding Capacity

by Brent A. Kirkpatrick, Larry Mackowiak | Nov 1, 2017
Business | Finance | Surety Bonding

Solid relationships between contractors and their sureties are a necessity for growth. Contractors can improve bonding capacity by focusing on the three “Cs” of bonding: character, capital and completion.

Understand the Surety’s Approach to Contractor Liquidity Analysis

by Matt Burchett | Oct 12, 2017
Finance | Safety | Surety Bonding

Contractors must understand the surety’s approach to liquidity analysis to steer the bonding company—rather than being steered by it.

Avoid Disputes From Incorporation by Reference Clauses in Surety Bonds

by Scott D. Cessar | Oct 10, 2017
Legal and Regulatory | Surety Bonding

The recent Maryland Court of Special Appeals opinion in the case of Schneider Electric v. Western Surety Company underscores the problematic interaction of incorporation by reference clauses in surety bonds.
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