Massive Surety Industry Growth Expected by 2025
With much global infrastructure needing to be replaced in first world countries such as the United States, the global surety market is expected to grow by 7% per year up to the year 2025. There are going…
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Benefits of the Partnership Account for Associations
Our Partnership Account has helped streamline the bonding and insurance process for industry associations and their members. The Partnership Account is a business arrangement between Colonial Surety and industry associations that can help generate revenue…
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Rebar Free Design Allows Contractor to Top Out Building in 10 Months
Using a composite steel frame that is rebar free, The Erection Co., finished topping out its 850 square foot Rainier Square Tower in Seattle, Washington in just ten months. The building is scheduled for completion…
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Project Design Problems Cause Cost Overrun
Design plans can cause a contractor’s project cost to go over budget all by themselves. Even if proper time and resources are spent on estimating the scope of the project as well as its cost…
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Technology Fills Construction Skills Gap
Contractors and construction companies have decried the lack of skilled workers available to them, even as the United States goes through a construction boom. If there are fewer skilled workers than ever before with more…
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60% of Construction Being Done in 10 States
The United States is going through a construction boom, with more investment on the way due to looming necessary infrastructure upgrades. But the construction boom wealth is not being shared equally throughout the whole country….
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Modular Building Speeds Up Construction Process
Some buildings and structures may have many uniform rooms or pieces within them and those, such as hospitals and hotels, may be candidates for modular construction. In modular construction, separately made parts of a building…
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San Francisco’s First Modular Hotel Opens
San Francisco opened its first modularly built hotel, the Home2 Suites by Hilton. The total construction time for the hotel was 16 months, with construction finished in less than a year after the modular units arrived…
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How to Become a Licensed California Electrical Contractor
To become a licensed electrician in California, you need to obtain a C-10 Electrical Contractor license. The license is required in order to bid on any projects worth $500 or more. The California Contracts State License…
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