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Displaying 4 results for: payment and performance bond
Contract Surety 06.08.2020

New York City Restarts Construction During Phase One Reopening

Following a three-month delay, New York City construction sites are scrambling to resume operations and complete their projects. Manufacturing, wholesalers, “non-essential” retailers and construction workers can revive Hundreds of thousands of workers will be returning…
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New York City Restarts Construction During Phase One Reopening
Contract Surety 04.21.2020

Types of Construction Projects Deemed “Essential” in New Jersey

Governor Phil Murphy of New Jersey has imposed new rules for construction businesses. These measures come in light of the coronavirus epidemic impacting each state across the country. If your establishment is conducting construction deemed…
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Types of Construction Projects Deemed “Essential” in New Jersey
Contract Surety 04.10.2020

Connecticut Devises Safe Workplace Rules for “Essential” Employees

The Governor of Connecticut, Ned LaMont, has outlined novel guidelines for workers employed at establishments deemed “essential” and fully operational by the state. These rules are intended to keep all workers safe and reduce their…
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Connecticut Devises Safe Workplace Rules for “Essential” Employees
Contract Surety 03.18.2020

When Contractors Over or Underbill

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…
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When Contractors Over or Underbill