Contract Surety

Innovation Grows: Carbon-Neutral Industrial Park in Reno

12.23.2020

Construction begins in early 2021 on a zero-carbon footprint data center in Northern Nevada, with phase one scheduled for completion in early 2022.

Exciting Possibilities: Green Technology

Innovation and big thinking are behind many projects getting set to take off around the country in 2021. Take Nevada, for example, where the Reno Gazette Journal reports:

An ambitious green technology project in Nevada’s high desert aims to build the largest carbon-neutral industrial park powered by locally generated renewable energy in the United States. TerraScale, a firm that specializes in clean energy design, announced…plans to develop up to 3,700-acres of land in Churchill County just east of Reno for its Energos project. The project will start out with $220 million worth of development on 10 acres of land….

By its second phase, TerraScale expects the cost of development to reach $1 billion as it expands to 100 megawatts. The company is also in talks with several companies that are interested in constructing their own facilities at the Energos project site. The parties include a couple of energy storage firms and some manufacturing and logistics operations, which could bump the total development dollars for the Energos project past $3 billion.

Break the Mold—One Step At a Time

Chances are, you’ve got a lot of big ideas for your company too! As management expert Peter Drucker famously advised: “Entrepreneurship is neither a science nor an art. It is a practice.”

Most ambitious plans begin with relatively small but important actions. Colonial Surety Company invites you to take an important step toward the bigger projects that are on your radar: obtain a surety line of credit. It is quick and easy to pre-qualify—after entering just a few, bare essentials about the business in our snappy online system, all companies that apply receive their Dun & Bradstreet scores—for free!

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 our unique Partnership Account®. 

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

Good To Know: Let the Sunshine In!

Reno is one of the 10 sunniest cities in the USA, averaging more than 300 days of sun each year!

Power up your business this winter, wherever you are. Get ready to build big in 2021 by partnering with Colonial Surety Company for faster bid, performance and payment bonds—and a whole lot more.

As a leading, national provider of surety bonds, Colonial Surety Company is arming contractors across the country with fast, digital and direct access to surety bondsand real time financial intel too. With a Colonial Partnership Account® contractors:

  • Gain control of their bidding and bonding, online and in real time.
  • Utilize powers of attorney to seal and issue their own bid bonds—in minutes.
  • Compete with fast, confidential bid bonds—no middleman.
  • Order performance and payment bonds easily from a customized digital dashboard.
  • Track bids and work on hand in real time with free management reports.
  • Speak directly with Colonials lead underwriter as new opportunities emerge.
  • Leverage data on a private Owners Dashboard to view surety lines, adjust work on hand, analyze bids—and grow.

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

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 all across the USA. The Partnership Account® reflects a Colonial priority: innovating to provide value-added services to busy contractors. Colonial is rated “A Excellent” by A.M. Best Company and U.S. Treasury listed.