Surety Bonds

Building Waterfront Parks


Plans for building parks—and opening waterfronts for public use continue to pop up across the country. Here’s the latest on an ambitious vision to rethink and reuse piers along the waterfront in Philadelphia.

 Elevated Planning—and a Board Walk Too

 Over the past year, parks across the country have reminded us how important our public gathering, green spaces and recreational outlets are—and planners and builders are leaning in, envisioning a next wave of possibilities. Manhattan’s building a beach and Des Moines just opened a riverfront  skate park–the largest in the country. Now, as the American Society of Civil Engineers reports:

 A series of crumbling piers along the waterfront in South Philadelphia will be converted into an ecologically sensitive public park, according to plans developed by the Delaware River Waterfront Corp., a nonprofit organization that seeks to “transform the central Delaware River waterfront into a vibrant destination for recreational, cultural, and commercial activities for the residents and visitors of Philadelphia….”

Everyone’s re-imagining what’s possible. How about you? Time to get bidding? Let Colonial Surety help you. We’ve taken the pain out of the old fashioned bonding process, making it easy—and confidential—for contractors to obtain, manage and monitor needed bid, performance and payment bonds. Let’s get you armed today: contractors who complete a brief (we promise!) pre-qualification for Colonial’s surety line of credit even receive, for free, Dun & Bradstreet scores.

Pre-qualify and Receive Free Scores Here!

 Then, once approved for The Partnership Account®  with Colonial, you’ll:


  • Use your private Owner’s Dashboard® for a personal window into your underwriting profile. Review the statistical analysis of your financial statements and free Dun and Bradstreet scores, profitability, and more.


  • Access a powerful online surety management system to issue bid bonds, order performance, and payment bonds, update work in progress, check your current and aggregate limits, view open and closed bid and performance bonds, and more.


  • Clearly see your bonding limits, and always have direct access to our underwriter if you need the excess capacity to bid on a job.


  • Protect the confidentiality of your bids—after all, no one’s in the middle when you do it yourself, right?


Come on! You could be bidding now: The Partnership Account®.


Learning By Doing in Philly

 Back in 2015, Philadelphia converted Pier 68 into a fishing pier, but the other three piers were left to continue on the path to decay and collapse. According to OLIN, the landscape architecture firm, plans for the new waterfront park involve reusing portions of the piers that can be restored, linking them in “an elevated, curving boardwalk that will, in places, be supported on the piers’ original timber piles.” OLIN observes that the park is likely to be built in phases—which has advantages

 When construction eventually begins, the project will be completed in phases, likely starting with the work on Pier 70, the boat launch, and the boardwalk connecting Pier 70 to Pier 68. According to the OLIN/DRWC executive summary, phasing will allow for the park “to be built as funds become available.” But “it also provides the opportunity for learning through monitoring and adaptive management. Creating a freshwater tidal wetland on an urban river is a new and innovative endeavor, so future phases will benefit from the findings of the Phase 1 project.”

 What phases are you envisioning for your business growth? You gotta start somewhere, right? Let’s get your bids going! Come on—get armed with The Partnership Account®  from Colonial Surety Company. Then, you’ll go after lots of new projects with speed and confidence — knowing your bidding and financial information is secure.


Yes Please Qualify Me For The Partnership Account® Today!

Colonial is built on reliability, affordability and dependability. Founded in 1930, we have proven long-term financial stability; we’re licensed in every single state in the U.S.; we are listed by the U.S. Treasury as an approved surety; and we’re rated “A” Excellent by A.M. Best – an accolade of which we are extremely proud. Let’s Partner!

Want to get updates about Colonial Surety Company?

Sign Up Website (KM LEADS)
Product of Interest