Surety Bonding
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.
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.
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.
Surety Bonding Expands Contractors’ Business Opportunities
By obtaining a surety bond, contractors gain access to the unique perspectives and input of professionals in the industry.
Contractor’s Defense of Premature Miller Act Payment Bond Claims
On federal projects, subcontractors can make a payment bond claim if the contractor fails to pay them. However, a contractor’s surety cannot rely on a conditional payment clause to defend against the claim.
SFAA and NASBP Revise Electronic Surety Bonding Guidelines
The Surety & Fidelity Association of America and the National Association of Surety Bond Producers have jointly issued revised guidelines on electronic surety bonding and digital signature best practices.
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.
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.











