Contract Surety

Constructing Wellness



Wellness? Bring it on! That’s what Montana State University (MSU) is doing with a $78 million commitment to a new Student Wellness Center. Replacing buildings that were damaged and destroyed in 2019s record-breaking snowfall, the new construction is designed to support the complete well-being of students on MSU’s Bozeman campus.


Transformational Space

Envisioned as the heart of student life, the Student Wellness Center has been designed by RDG Planning & Design in collaboration with Missoula-based MMW Architects. The facilities will be constructed to support both the mental and physical well-being of students. School Construction News reports:


“Crucial to student success, the wellness center will create a one-stop-shop for MSU students to find health, recreation, academic and athletic resources. This multi-functionality eliminates barriers to use, supports programming and promotes access for each student’s unique campus journey,” said RDG Architect Tom Ohle…Encompassing 150,000 square feet of new construction, the wellness center houses gymnasia and fitness spaces, outdoor programs, climbing and bouldering walls, a hybrid pool and remodeled group exercise, locker rooms and offices. University Health Partners, which provides medical, dental, counseling and health advancement services will be co-located in the facility, along with offices and labs for the Health and Human Development Department. The center is scheduled to be completed in 2023.


Thinking transformationally about your construction business? Colonial Surety is here to help. Why not speed up—and expand—your bidding efforts? That’s what Colonial Surety’s unique Partnership Account® service will help you do. Pre-qualify for your written surety-line of credit today—and receive, for free, Dun & Bradstreet scores.


Pre-qualify and Receive Free Scores Here!


Constructing for Life Sciences Too

Across the country demand for modern new life science buildings—like labs— has been spurred by the pandemic and shows no signs of stopping. For example, according to New York Construction Report, building is underway on Hofstra University’s $75 million Science and Innovation Center in Hempstead, Long Island. Meanwhile, Skanska has a $448 million contract  with the New York City Economic Development Corporation to construct a massive new public health lab in Harlem. Replacing an outdated lab further downtown, the new structure will include five lab floors, five administrative floors, an auditorium and a training lab.


As industry experts point out,  vacancy rates for existing life science buildings have been virtually zero. Retrofitting empty old buildings is often not an acceptable solution for lab facilities, because of the very particular standards involved related to chemicals—and their safe storage, ventilation and fireproofing requirements, extra power—and emergency generators too. Construction Dive reports: There’s been overwhelming demand in all markets, and markets predicted to take longer to fill are ahead of schedule, said Adam Milne, chief operating officer at BioLabs…. For example, New York City is growing into one of the premier life science hubs in the U.S., and can be as competitive as Cambridge, Massachusetts, or San Diego…New York has all the things it needs to take off as a life science cluster, such as academic institutions, medical centers and access to venture dollars.


Why not let Colonial Surety help your business take on more building action? We’ve taken the pain out of the old fashioned bonding process, making it easier—and more confidential than ever—for contractors to obtain, manage and monitor needed bid, performance and payment bonds. Our complimentary fintech services will help you do a whole lot more too. 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?


Get growing today: The Partnership Account®


Colonial Surety Company is a leading, national, direct seller and writer of surety bonds, fidelity bonds and insurance products for a wide range of professionals and industries. We’re 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!