Surety Matters

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Displaying 38 results for: Bid Bonds
Contract Surety 12.18.2020

New Beginnings: Renovating and Building Too

Across the country, states continue committing funds to begin long awaited projects. In New Jersey, a $190 million renovation effort to Newark Penn Station begins soon. Starting Immediately New Jersey has committed to a five-year,…
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New Beginnings: Renovating and Building Too
Contract Surety 12.11.2020

Constructions Begun: Perseverance In Boston

 A $31.1 million road construction project is underway in Boston! Delayed for decades, it will now incorporate the latest approaches to pedestrian and bike-friendly roads. Wide Sidewalks, Bike Lanes and a Roadway Revamp Too Scheduled…
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Constructions Begun: Perseverance In Boston
Contract Surety 12.05.2020

The Contractor’s Challenge: Stop—and Go!

Though “hurry up and wait” has long been part of the mix in construction, the pandemic continues to put a whole new spin on what to work on, and when. Ambiguity and Optimism Too While…
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The Contractor’s Challenge: Stop—and Go!
11.13.2020

Sign of Growth: $945 Million New Train Line Underway In Indiana

Inspired by big thinking and collaborative funding agreements, construction is underway on a $945 million commuter train line in Indiana. Making New Connections Toward construction of an 8-mile commuter train line—the West Lake Corridor Project—a…
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Sign of Growth: $945 Million New Train Line Underway In Indiana
Contract Surety 11.06.2020

Bid Bonds: A Cautionary Tale

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…
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Bid Bonds: A Cautionary Tale
Contract Surety 10.21.2020

Experts Predict Growth: Prepare to Build-and Bid

  The outlook for major spending on infrastructure is strong—regardless of election results. For contractors, now is the time to prepare for growth.  Optimism from Market Analysts One strong indicator for growth is that the…
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Experts Predict Growth: Prepare to Build-and Bid
Surety Bonds 10.18.2020

BIM Results Highlight The Importance of Partnering

  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…
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BIM Results Highlight The Importance of Partnering
Contract Surety 10.05.2020

Construction: Succeeding Despite Timing and Compliance Issues

Amidst continued optimism in the industry, contract managers face delays, expenses and uncertainties as they manage performance in the COVID-19 world.  Funding for Infrastructure Projects Extended The passage of a federal government stopgap measure has…
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Construction: Succeeding Despite Timing and Compliance Issues
Contract Surety 07.27.2020

June Construction Employment Skyrockets

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…
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June Construction Employment Skyrockets