To help fend off the nascent coronavirus (COVID-19) epidemic, the state of New York has halted all but “essential” statewide services. Gyms, restaurants, bars and various other businesses are closing their doors to comply with Governor Andrew Cuomo’s order. But what does this epic shutdown mean for contractors? Is construction classified as an “essential” business in the Empire State?
The answer is yes. Governor Andrew Cuomo’s “New York State on PAUSE” executive order gives the green light to skilled trades like plumbers, electricians and other construction professionals and businesses to continue business as usual on-site. Per guidance from the Empire State Development Corporation, a state agency tasked with reinforcing economic incentives, this exception blankets all construction in New York State.
When you need us, we’re here to help. If you are a public contractor in New York, it is critical you obtain a performance and payment bond. Colonial Surety Company provides a direct, digital way to secure a surety line of credit. You can apply online today and we will review your submission. Once approved, you gain access to The Partnership Account® for Contractors. The benefits of joining include power of attorney and corporate seal to issue your own bids bonds, direct access to the underwriter, lines in writing with exceptions if needed, complete security, and control over your business. Apply now.