Surety Bonds

Lift Off: Elevating Public Spaces


Across the country, state leaders are laying out plans and dollars for spaces that are functional and uplifting. Here is an example from New York City.

More Park Space—and Infrastructure Solutions Too

Since the High Line opened in 2009, the one and a half-mile elevated park has been a successful example of how neglected spaces and places can be creatively reimagined, giving both the public and the economy a boost. In 2019 alone, about 8 million people visited the one and a half mile High Line, along the West Side of Lower Manhattan.

Now, the state is envisioning a $60 million dollar public and private funding commitment to extend the High Line—linking it to an important and massive infrastructure effort.  The New York Times reports that the state aims to extend the High Line, connecting it the recently opened Moynihan Train Hall at Pennsylvania Station, advancing development in surrounding neighborhoods—and boosting the economy.

The new link, officials said, will provide an alternative way to access the new station, which serves Amtrak and the Long Island Railroad. Its part of a broader package, including the new train hall and improvements sought for Pennsylvania Station, that seeks to improve the experience of taking mass transportation into and out of New York City.

 Traffic has reached impossible levels, and its never been efficient or effective,” Mr. Cuomo said in an interview. But its clear that if the metropolitan area is going to grow, mass transit has to be better, safer, more pleasant, especially in this new world.”

 F.D.R. believed in building large infrastructure projects to lift the economy,” Mr. Cuomo said. But there was another purpose, which was to lift peoples spirits. If you lift the spirits, you lift the economy.”

Elevating Your Business

Contractors across the country are getting ready now for new projects on the horizon.

Colonial Surety Company is ready to help with a special Partnership Account® for Contractors.  Apply and pre-qualify for a surety-line of credit that will help you grow your business. It’s easy with Colonial’s efficient new online system—and all companies that apply receive, for free, Dun & Bradstreet scores.

Pre-qualify and Receive Free Credit Scores Now!

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®.

That Soaring Feeling

On January 1, 2021, the completed, $1.6 billion Moynihan Trail Hall opened, expanding Penn Station’s concourse—and, as The New York Times  reported—letting the sunshine in:

 Sunlight is not typically associated with the dingy basement vibe that envelops commuters passing through Penn Station.

 But natural light spills across the new Moynihan Train Hall through its massive, 92-foot-high skylight ceiling and illuminates another surprise: permanent installations by some of the most celebrated artists in the world.

 Kehinde Wiley, Stan Douglas and the artist duo Elmgreen & Dragset have major pieces prominently displayed in the new $1.6 billion train hall… offering an expansion of Penn Stations concourse space and serving customers of Amtrak and Long Island Rail Road. The hall, designed by the architecture firm SOM, also connects to subway lines, although they are some distance away.

Imagine competing for—and completing—some of the big new infrastructure projects coming down the pike in 2021? Get ready for the opportunities in your future: partner with Colonial Surety Company.

With a Colonial Partnership Account® contractors across the country:

  • 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 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.