Project Selection and Risk: Actionable Steps for Long-Term Success
Gregg Lyon, Travelers, discusses the impacts of COVID-19 on contractors, contract surety bond losses, risks and project selection.
Surety Bonding
The Mystery of First Time Bonding: What Does It Take?
Obtaining a surety bond for the first time is easier than one might think, similar to applying for a loan. The right CPA and surety bond agent can help contractors navigate the process.
Strategies for Resolving Disputes Arising Mid-Project
When disputes arise in the midst of a project, contractors should explore alternative dispute resolution methods that can help save time and money–along with relationships and the project itself.
Key Legal Considerations for Modular Construction Contracts
Modular construction projects involve complex commercial and legal issues that should be considered when drafting contracts. ConsensusDocs 753 addresses key issues of these hybrid transactions.
Positioning Your Firm for Maximum Surety Credit
Whether a small, medium or large contractor, there are important factors to keep in mind that will increase a company’s chances of keeping and growing its surety credit.
Four Ways Contractors Can Preserve Financial Integrity, Working Capital
There are four common challenges that can negatively affect creditworthiness: liquidity, borrowing for working capital, positive cash flow and the workforce.
2021 Executive Insights: Surety Bonding & Insurance
Industry experts share their thoughts and advice on mitigating risk, the "Three Cs" and navigating bonding in a post-pandemic world.
Surety Defenses: Overpayment of Contract Funds and Cardinal Change to Contract
Two common surety defenses to limit its exposure are overpayment to principal defense and cardinal change to the contract defense.
