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Surety Bonds 07.19.2021

Rebuilding Illinois: $45 Billion

The recently signed Illinois capital plan allocated funds for roads, bridges, railroads, universities and other state facilities over the next six years. Naturally, there is lots of bustling, building and investment in Chicago too. Here’s…
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Rebuilding Illinois: $45 Billion
Surety Bonds 07.19.2021

Craning Your Neck? Where’s The Talent?

Construction industry experts remind us that the skills gap, though exacerbated by the pandemic, has been with us for nearly a decade. An aging workforce, declines in vocational education and limited training for specific skill…
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Craning Your Neck? Where’s The Talent?
Surety Bonds 07.12.2021

Expansion: U.S. Highway 183

  Central Texas has been on a rapid growth spurt and highway expansion is catching up. In a joint venture, two firms have been awarded $477 million for the design and construction of the “183…
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Expansion: U.S. Highway 183
Surety Bonds 07.12.2021

Rising Demand: Life Sciences Buildings

  Demand for new buildings for life science research and study exceeds supply. Constructors are even changing markets to get in on the action. What’s the rush? Building Boom? According to industry experts, the demand…
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Rising Demand: Life Sciences Buildings
Surety Bonds 07.06.2021

Infrastructure Winners: $905 Million

24 infrastructure projects across 18 states have been selected by the U.S. Department of Transportation for a total of $905 million in the new round of the Rebuilding America (aka INFRA) grant program. A total…
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Infrastructure Winners: $905 Million
Surety Bonds 07.06.2021

Breaking Ground In NYC Suburbs

Construction has begun on a $53 million affordable housing complex in Westchester County and a $75 million addition to the Hofstra University Campus in Nassau County. With builders digging in, public leaders take pride in…
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Breaking Ground In NYC Suburbs
Surety Bonds 06.30.2021

Texas: $16 Billion Agreement Signed

The final design-build project agreement has been signed for a high-speed railway connecting Dallas and Houston. The $16 billion project now moves to advanced design, with construction expected to begin by early 2022.  Speeding Up…
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Texas: $16 Billion Agreement Signed
Surety Bonds 06.28.2021

Adding 330 Million Square Feet!

That’s how much new warehouse space is needed to keep pace with the tremendous rise in e-commerce across the country. Experts predict that new construction—lots of it—will be in demand, as e-commerce is projected to…
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Adding 330 Million Square Feet!
Surety Bonds 06.22.2021

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…
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Building Waterfront Parks