Surety Matters

Our blog covering the latest in bonds and insurance
Contract Surety 11.29.2020

Tax Credit Available To Contractors: Why Not Try?

Contractors: it’s worth pausing to see if you qualify for a federal research and development tax credit. You may already be doing the work! Underutilized Credit The federal government provides a general business credit of…
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Tax Credit Available To Contractors: Why Not Try?
11.13.2020

Sign of Growth: $945 Million New Train Line Underway In Indiana

Inspired by big thinking and collaborative funding agreements, construction is underway on a $945 million commuter train line in Indiana. Making New Connections Toward construction of an 8-mile commuter train line—the West Lake Corridor Project—a…
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Sign of Growth: $945 Million New Train Line Underway In Indiana
Contract Surety 11.13.2020

Changes Coming for the Contractor Evaluation System At NYC MTA

The New York City Metropolitan Transportation Authority (MTA) is considering a revamp of the current evaluation system for contractors. How will everyone be satisfied? Dissatisfaction with the Current System Currently, contractors with $250,000 or more…
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Changes Coming for the Contractor Evaluation System At NYC MTA
Contract Surety 11.06.2020

Bid Bonds: A Cautionary Tale

What could happen when you use the wrong bid bond form for a federal contract? The bid could be rejected. Ouch! Deemed Non-responsive Recently, the Government Accountability Office (GAO) published a decision concerning the use…
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Bid Bonds: A Cautionary Tale
Contract Surety 10.26.2020

Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors

WOODCLIFF LAKE, NJ October 26, 2020 Colonial Surety Company is thrilled to announce the launch of a direct and digital pre-qualification process for bid and performance I-Bonds®, empowering contractors across the country to simplify, partner,…
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Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors
Contract Surety 10.21.2020

Experts Predict Growth: Prepare to Build-and Bid

  The outlook for major spending on infrastructure is strong—regardless of election results. For contractors, now is the time to prepare for growth.  Optimism from Market Analysts One strong indicator for growth is that the…
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Experts Predict Growth: Prepare to Build-and Bid
Surety Bonds 10.18.2020

BIM Results Highlight The Importance of Partnering

  New research demonstrates the success of building information modeling (BIM). It is especially effective when everyone on the project team is committed to it—and partnering effectively. The Impact of Embracing BIM Many contractors are…
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BIM Results Highlight The Importance of Partnering
Contract Surety 10.05.2020

Construction: Succeeding Despite Timing and Compliance Issues

Amidst continued optimism in the industry, contract managers face delays, expenses and uncertainties as they manage performance in the COVID-19 world.  Funding for Infrastructure Projects Extended The passage of a federal government stopgap measure has…
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Construction: Succeeding Despite Timing and Compliance Issues
Contract Surety 10.05.2020

Construction Rebound? Ready, Set, Grow!

The latest US Commercial Construction Index shows signs of optimism. How prepared is your company for growth? Secure partners to help you respond quickly to new projects The US Chamber of Commerce Report Two of…
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Construction Rebound? Ready, Set, Grow!