Contractors: it’s worth pausing to see if you qualify for a federal research and development tax credit. You may already be doing the work! Underutilized Credit The federal government provides a general business credit of… Read Moreabout Tax Credit Available To Contractors: Why Not Try?
What could happen when you use the wrong bid bond form for a federal contract? The bid could be rejected. Ouch! Deemed Non-responsive Recently, the Government Accountability Office (GAO) published a decision concerning the use… Read Moreabout Bid Bonds: A Cautionary Tale
New research demonstrates the success of building information modeling (BIM). It is especially effective when everyone on the project team is committed to it—and partnering effectively. The Impact of Embracing BIM Many contractors are… Read Moreabout BIM Results Highlight The Importance of Partnering
Great news for contractors! Per an analysis by the Associated General Contractors of America, or AGC, employment within the construction province has bloomed from May to June in 31 states and the District of Columbia. “The… Read Moreabout June Construction Employment Skyrockets
The coronavirus pandemic has created serious disruptions across all industries. Construction contractors and skilled tradesmen and women are doing all they can to keep their businesses afloat during difficult economic circumstances. Below are important strategies… Read Moreabout A Contractor’s Guide to Overcome Unforeseen COVID-19 Struggles
Over or underbilling by a contractor can be a big problem for obtaining your bid and performance bonds from your surety bonding company. According to generally accepted accounting principals, contractors should report earnings based on the percentage… Read Moreabout When Contractors Over or Underbill
Bid bonds are used primarily in the construction industry to assure the contractor can fulfill the job responsibilities listed in the agreement for the agreed price for the project owner. It protects the project owner… Read Moreabout Here’s Why You Need a Bid Bond
