As infrastructure plans and budgets continue winding there way along the path, economic experts have assessed the various scenarios under discussion and are optimistic that regardless of the “winning plan,” road and bridge construction will be heavily invested in over the next five years.
Paving The Way
New Jersey based Dodge Data and Analytics had their chief economist review the various plan and budget scenarios in discussion across the country. The findings, as reported by Construction Dive: “there’s a huge step [up] here for road and bridge construction over the coming five years….”
Can’t wait? Act now—and curtail the scurrying later. Probably you dread the old way of getting, managing and monitoring the bid, performance and payment bonds you’ll need. Us too—that’s why at Colonial Surety we’ve take the pain out! See for yourself while gearing up for the publicly funded projects coming your way.
With The Partnership Account® from Colonial, you’ll go after those new projects with confidence — knowing your bidding and financial information is secure. Plus, you’ll have 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 your essential information for pre-qualification—and all companies that apply receive Dun & Bradstreet scores—for free! You can use those right away to help plot your path.
Better Everything Ahead?
Dodge Data & Analytics anticipates that water infrastructure, sewers, dams, and reclamation projects will also experience major investments. Given the enormity of infrastructure needs across the country, the sooner the bidding begins, the better, right?
Be ready for the action. Once approved for The Partnership Account® with Colonial, you’ll take advantage of game-changing services, designed specifically for contractors. For example, you’ll:
- 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.
- 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.
- Protect the confidentiality of your bids—after all, no one’s in the middle when you do it yourself, right?
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!