Contract Surety

The Infrastructure Imperative


Maintenance is frightfully past due on infrastructure projects across the country. Disaster looms. Elected leaders in 2021 have this in common: the imperative to invest significantly in public works.

Dig In

For years, the American Society of Civil Engineers has been steadily highlighting the critical need for attention to infrastructure. From aviation to wastewater—and everything in between, disasters loom. In fact, America’s Cumulative Infrastructure Grade in 2017 was a D+. Ouch!

As Construction Dive reports:

For surface transportation alone, according to the latest data from the ASCE, it will take at least $1.5 trillion, in 2019 dollars, to close the gap between current spending and what is needed to bring roads, rail and bridges into a state of good repair.

However, the price of doing nothing is even higher. The costs of deficient U.S. road networks, according to the ASCE, could reach more than $4 trillion over the next 20 years, even with the expected efficiency gains from connected and autonomous vehicle technology.

Congress, President Donald Trump and Democratic presidential nominee Joe Biden have said they are committed to getting major infrastructure legislation passed soon. But in the meantime, Americans continue to use infrastructure that is in a serious state of disrepair, if not downright deadly.

Worst case disaster scenarios make it clear that infrastructure projects can no longer be deferred. Construction Dive  examines several of the massive problems the country is confronting. For example, the Hudson River Tunnel, vital to both vehicle and train transit between New York and New Jersey, still suffers from dangerous deterioration from the salt water driven in during Superstorm Sandy in 2012. Only emergency maintenance allows the Tunnel to remain open.

Meanwhile, U.S. Highway 1 on the east coast of Florida is arguably the deadliest road in the country. Experts advocate attention to solutions like street design, bicycle lanes and automated speed limit enforcement. California’s Mojave Dam has been classified as a “high” risk for failure, threatening approximately 300,000 residents in the area.


Even as Flint, Michigan works to complete the replacement of lead pipes first identified as endangering drinking water in 2014, Chicago is struggling to put a plan in pace to replace that city’s lead pipes.

Contractors: Are You Bid Ready?

Clearly, funding for infrastructure can’t come too soon. When it does, how prepared is your company to win new contracts?

Build your capacity to submit timely bid, performance and payment bonds. Take advantage of Colonial Surety Company’s unique Partnership Account®  that arms contractors with fast, digital and direct access to the surety bonds needed to run their construction companies—and real time financial intel vital to grow their businesses.

With a Partnership Account®  you will:

  • Gain control of bidding and bonding, online and in real time.
  • Utilize powers of attorney to seal and issue your own bid bonds—in minutes.
  • Compete with confidential bid bonds—no middleman.
  • Order performance and payment bonds easily from a customized digital dashboard.
  • Track bids and work on hand in real time with free management reports.
  • Speak directly with Colonial’s lead underwriter as new opportunities emerge.
  • Leverage data on a private Owner’s Dashboard to view surety lines, adjust work on hand, analyze bids—and grow.

See how a Partnership Account will help you and apply today!

Leap Ahead of the Competition: Pre-Qualify for a Surety Line of Credit

Colonial’s streamlined, fully digital new pre-qualification process reduces the hassle and time it takes busy owners to apply for a surety line of credit—and adds useful incentives too.

After entering just a few, bare essentials about the business in Colonial’s proprietary online system, all companies that apply receive, for free, Dun & Bradstreet scores.

Contractors who pre-qualify for a surety line of credit, go on to upload a few more documents that help Colonial better understand their operation and underwrite the Partnership Account®. The entire process exemplifies Colonial’s commitment to busy contractors: simple, direct, and efficient, with value-added services built right in.

Contractors: Start your application to pre-qualify for a surety line of credit and
receive free business credit scores. Click Here Now!


Founded in 1930, Colonial Surety Company is a direct seller and writer of surety bonds and insurance products for a wide range of industries and professions. The Partnership Account® reflects Colonial’s priority: innovating to provide value-added services to small business owners.Colonial is rated “A Excellent” by A.M. Best Company, U.S. Treasury listed, and licensed in all 50 states, the District of Columbia and most U.S. Territories.