Contract Surety

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 for completion in 2023, the biggest road construction project in the Boston region in over a generation is underway, It is expected to address congestion while creating a more pedestrian friendly environment. As reported by ENR:

 Decades in the making, the Massachusetts Dept. of Transportation project will overhaul the 1.7-mile long Newton/Needham Corridor, a major commercial and retail artery just outside of Boston that is packed with both businesses and traffic, with an average daily vehicle count of 28,000.

 One of the key features of the roadway revamp are plans for a wide sidewalk with space for pedestrians alongside a raised bike lane for cyclists. All told, the new sidewalk will be more than 11

 wide, divided between a 5 ½-ft-wide bike lane and a 5 ½-ft space for pedestrians.

 Cantilevered sidewalks will also be added onto the stone bridge over the Charles, which dates to 1875, for use by both cyclists and pedestrians.

 Winning Contractors Getting To Work

The primary contractor for the project is P.Gioiso & Sons. Paving work will be done by D&R General Contracting, Inc. and the Don Martin Corp.

Project plans have been in discussion in the region since the 1990s! Ultimately, a coordinated effort by local officials made revamping the Newton/Needham Corridor a priority for public funding.

Competition for publicly funded projects is always stiff—but across the country, contractors are building their capacity to win bids. Keeping up with innovation helps. So can Colonial Surety Company—with its game changing approach to making it easier and faster for contractors to secure bid, performance and payment bonds.

As a leading, national provider of surety bonds, Colonial Surety Company has unveiled a full-service solution to arm contractors with fast, digital and direct access to the surety bonds needed to run their construction companies—and real time financial intel vital to grow their businesses. With a Colonial Partnership Account® contractors:

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Time Is Money

2020 has been full of lessons about not wasting time. Small inefficiencies—like shuffling around for bonds the old way—add up.  Take control with a surety line of credit from Colonial Surety Company.  It is quick and easy to pre-qualify.

After entering just a few, bare essentials about the business in Colonials snappy online system, all companies that apply receive, for free, Dun & Bradstreet scores.

Contractors who pre-qualify for a surety line of credit, go on to upload a few more documents that help Colonial better understand their operation and underwrite the Partnership Account®. The entire process exemplifies Colonialcommitment to busy contractors: simple, direct, and efficient, with value added services built right in.

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 Founded in 1930, Colonial Surety Company is a direct seller and writer of surety bonds and insurance products for a wide range of industries and professions. The Partnership Account® reflects Colonial’s priority: innovating to provide value-added services to busy contractors. Colonial is rated “A Excellent” by A.M. Best Company, U.S. Treasury listed, and licensed for business everywhere in the USA!