Public Construction on the Drafting Table in Ohio
Capital budget plans, delayed by the coronavirus this spring, are underway, with $2.5 billion proposed for construction across the state. Time To Build: Schools, Colleges, Roads and More With interest rates low, officials are looking…
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Constructions Begun: Perseverance In Boston
A $31.1 million road construction project is underway in Boston! Delayed for decades, it will now incorporate the latest approaches to pedestrian and bike-friendly roads. Wide Sidewalks, Bike Lanes and a Roadway Revamp Too Scheduled…
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The Contractor’s Challenge: Stop—and Go!
Though “hurry up and wait” has long been part of the mix in construction, the pandemic continues to put a whole new spin on what to work on, and when. Ambiguity and Optimism Too While…
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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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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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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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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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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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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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