Contract Surety

Federal Spending? Implementation Support


How can local and state governments across the country identify and secure funding through the Infrastructure Investment and Jobs Act (IIJA)? What funding is available and how can localities get the information and guidance needed to access to funds for their priority projects?


Guidebook Available

Hopes are high that priority infrastructure efforts, many of which have long lingered on to do lists, are going to be transformative in towns and cities across the country. The construction industry is gearing up, leveraging technology  and trying out new approaches to recruit and retain the diverse labor force needed. While some high profile projects, including highways, bridges and rails in the New York-New Jersey region, are likely to get underway relatively soon, implementation support is needed so that localities across the country can put federal dollars to work.  Towards that end, The White House has issued a “one-stop-shop” Guidebook. This resource breaks down the 375 programs included in the Bipartisan Infrastructure Law, and provides links to resources and contacts for further information and technical assistance. As Construction Dive reports:


The federal government will distribute the $1.2 trillion in IIJA funds through new and existing programs. So far, more than $80 billion has been allocated to states for roads and highways, bridges, ports, airports and water systems, according to the release. Additional programs are being rolled out for high-speed internet, electric vehicle chargers and energy grid upgrades. However, a community’s lack of capacity to apply for federal funds can create and amplify inequities, the White House acknowledged in a press release about the new guidance. The document is one effort to help address this gap, and the White House Infrastructure Implementation Team will also be reaching out to jurisdictions, federal agencies and philanthropies to offer technical assistance.


An important prep step that builders everywhere in the country can take—today—is applying for a surety line of credit in writing. That’s what The Partnership Account for Contractors® from Colonial Surety provides. As a direct underwriter of bonds based on the strength of financial statements, we give builders power of attorney to issue their own bid bonds. Plus, we provide a rich array of complimentary services, including: direct access to performance and payment bonds on a customized dashboard; real time tracking of bids and work on hand—and immediate access to Colonial’s lead underwriter as new opportunities emerge.


Speed and service? It’s true. Complete the brief pre-qualification for your written surety-line of credit and The Partnership Account® services today—and receive, for free, Dun & Bradstreet scores. Pre-Qualify and Get Free Scores Here.


Why Wait?

Many U.S. ports have been in dire need of building so that they can receive the larger ships—and put a dent in our supply chain challenges. Ambitious improvements are already underway in many port cities, including Baltimore, to alleviate congestion. Hopes are high that the $17 billion allocation for ports in the Infrastructure Investment and Jobs Act will contribute to increased cargo flow in other ports across the country soon. The Soo Locks System in Michigan is overdue for attention too—and Pittsburgh’s Bridges can’t be overlooked much longer either. Though the list is long, work, funded through a variety of agencies is getting underway. For example, Construction Dive reports that $241 million in grants from the United States Maritime Administration Port Infrastructure Development Program (PIDP) have already been allocated for 25 port projects in 19 states. This funding stream is anticipated to continue flowing over the next several years.


Across the country, contractors are gearing up for the increasing flow of public contracts by leveraging The Partnership Account® from Colonial Surety. In addition to a surety line of credit—in writing, The Partnership Account®  gives qualified construction companies:


  • Control of bidding and bonding, online and in real time.
    • Powers of attorney to seal and issue their own bid bonds—in minutes.
    • Fast, direct, confidential bid bonds—no middleman.
    • Direct access to performance and payment bonds on a customized dashboard.
    • Real time tracking of bids and work on hand.
    • Immediate access to Colonial’s lead underwriter as new opportunities emerge.
    • A private Owners Dashboard to view surety lines, adjust work and analyze bids.

Learn more and pre-qualify for a Partnership Account® now!


Founded in 1930, Colonial Surety Company is a leading direct seller and writer of surety bonds and insurance products across the USA. Colonial is rated “A Excellent” by A.M. Best Company and U.S. Treasury listed.