The number of bridges the American Road and Transportation Builders Association estimates need to be replaced across the United States is 79,500! Don’t confuse that number with numbers of bridges requiring repair work: 220,000. Ooh! Where to begin?
Get Moving Anywhere and Everywhere?
171.5 million vehicles cross our nation’s 45,000 “structurally deficient” bridges— each day. With federal commitments for bridge repair eagerly anticipated, cities and states across the country have plans at the ready. Consider for example, the Brent Spence Bridge which connects Cincinnati and Northern Kentucky over the Ohio River. Described as “functionally obsolete” since the 1990s, badly needed maintenance work is underway while plans are in the works for a larger, adjacent bridge. In Washington D.C., the 65 year old Lane Pace pedestrian bridge had been deemed in poor condition and failed to meet height requirements—and then collapsed. Pedestrians and bikers pursue dangerous treks as planners debate replacement plans estimated at $25 million.
With so many public works to build and repair everywhere, are you bid ready? Want a surety line of credit you can count on as more action revs up? Come on—let Colonial Surety help. Contractors who complete a speedy qualifying app for our surety line of credit even receive free Dun & Bradstreet scores. Pre-qualify here.
Easy Bid, Performance and Payment Bonding?
Yes! 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?
Cross The Bridge Today: The Partnership Account®
Many cities and states across the country are already creating new transit connections for walkers, bikers and rail riders. Highway expansion is underway too. With plenty of building to do everywhere, you must have something on your list to win. Don’t find yourself shuffling around the old fashioned way when the bid bond is due. Let’s get you ready now with The Partnership Account® from Colonial Surety Company. Then, you can go after lots more new projects with speed and confidence — knowing your bidding and financial information is secure.
Colonial is 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!