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Displaying 67 results for: maintenance bonds
Contract Surety 11.22.2022

Specialize vs Diversify?

  Industry experts point out that specialty contractors are taking a big risk: if the market for their specific skillset declines, they are without alternative revenue streams. Strategic diversification through services that complement your primary…
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Specialize vs Diversify?
Contract Surety 11.22.2022

Lessons Learned: Recession?

  Every owner wants expansion and growth, but with economists forecasting that there could be a construction recession on the 6-18 month horizon, it’s best to be on our toes. Many builders were caught off…
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Lessons Learned: Recession?
Contract Surety 11.07.2022

Cementing Your Next Contract?

  When portland cement is in short supply, concrete contractors find their project commitments at risk, as pour schedules are disrupted and concrete is rationed. Industry pros suggest now’s the time to try out new…
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Cementing Your Next Contract?
Contract Surety 11.07.2022

Avoid Disputes: Exclusion Clauses

  With the costs of labor and materials running high, builders find themselves in disputes over who takes the hit on cost increases. Conflicts between general and subcontractors and owners are running high—even ending in…
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Avoid Disputes: Exclusion Clauses
Contract Surety 11.07.2022

Revenue Management

  Milestone billing processes are an important way for contractors to manage invoice and payment cycles, ensuring cash flow. Current disruptions make nimble, milestone billing even more important then ever, though absorbing the revenue recognition…
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Revenue Management
Contract Surety 11.07.2022

Top Ten Causes of Claims

  Surprise? For the most part, claims and disputes tend to stem from the rush to move projects forward, although design, licenses and permits might not be finalized. Unfortunately, in the long run, the early…
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Top Ten Causes of Claims
Contract Surety 11.01.2022

Surviving and Thriving!

  Just two years before the great recession struck in 2008, Gary Schumal and Ron Plunk had set out to form their own construction company. Despite the challenges, their venture survived and thrived and is…
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Surviving and Thriving!
Contract Surety 11.01.2022

Good Hiring Practices

  Hiring, especially in construction, is tougher than ever. That’s why industry pros remind  us that good preparation is essential. Dedicating time to having your hiring infrastructure at the ready pays off in the long…
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Good Hiring Practices
Contract Surety 10.21.2022

Do You Want Some More?

  Money from the Infrastructure Investment and Jobs Act is headed to states. There are a number of resources to help contractors follow the money and compete, and whether you are going after a big…
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Do You Want Some More?