Surety Bonds

Public Possibilities

10.08.2021

With new public projects of all kinds anticipated across the country, some regions are exploring new policy possibilities too. Pittsburgh, for example, is pursuing a deconstruction policy. Interesting. Are you ready for the public projects your business could win?

Prepared and Reliable

Preparation and reliability are key to winning contracts. Of course, to win public bids, you also need easy and speedy access to bonds. Best to gear up ahead of the competition. WithThe Partnership Account® from Colonial Surety, you’ll grow your business with confidence—knowing your bidding and financial information is secure.

Colonial has taken the pain out of obtaining, managing, and monitoring the bid, performance, and payment bonds that construction companies need. Get approved for The Partnership Account®  now, so you can take advantage of these game-changing services, designed specifically for contractors:

 

  • Accessing 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.

 

  • Seeing your bonding limits clearly, and having direct access to our underwriter when you need the excess capacity to bid on a job.

 

  • Using your private Owners 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.

 

  • Protecting the confidentiality of your bids—after all, no one’s in the middle!

 

Come on: Pre-qualify and Receive Free Scores Here!

Deconstruction vs Demolition?

With over 1,700 condemned buildings, Pittsburgh’s public officials are piloting a process for “sustainable demolition,” to use on designated city-funded tear-downs. The goals are multiple, as it is hoped that attention to deconstruction can reduce landfill waste, advance environmental stewardship and create paths to job training and jobs.

 Construction Dive reports that Pittsburgh’s materials preservation effort builds on efforts that have already been underway in Portland, Baltimore, Milwaukee and San Antonio. Deconstruction can be costly. The weight of materials headed to landfills is less, creating savings potential. However, deconstruction can be more labor-intensive. Despite this, In Pittsburgh, the current thinking is, “it’s the right thing to do.”

 The U.S. Green Building Council (USGBC) is also exploring the issue of deconstruction as a part of a building’s life cycle:

 Senior Policy Counsel Elizabeth Beardsley described deconstruction as a still-emerging policy area. “Pittsburgh should be commended for taking that on,” Beardsley said. “I’m excited to see them doing this because I think that will be great to have more examples in different kinds of cities to show what’s possible.”

 Possibility Thinking

 Across the country, buildings are gearing up for their next big projects with The Partnership Account® from Colonial Surety Company.  Don’t get left behind!

With The Partnership Account® behind you, you will be ready for new possibilities too. Think about the time and effort you will save with instant, digital bid, performance and payment bonds—and a whole lot more.

Let’s get you going. It only takes a few minutes to enter essential information for pre-qualification—and all companies that apply receive Dun & Bradstreet scores—for free!

Yes Please Qualify Me For The Partnership Account® Today!

 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. Oh yeah: we’re possibility thinkers too. Let’s Partner!