Simple Performance Indicators?

A straightforward approach to key performance indicators (KPIs) enables business owners to consistently make informed decisions. When we rely on intuition (or flip a coin), we may get lucky sometimes, but for sustainability and growth, establishing and using sensible KPIs...

Article

Key Performance Indicators: Resilience?

  Most contractors tend to focus on one clear measure of success: profiting on each project. Though making money is indeed the end game, business experts explain that by concentrating more on KPIs like quality control, productivity and safety, we’ll...

Article

Retirement Funds: Performance vs ESG

As protocols for environmental, social and governance (ESG) investment options continue to be murky, a new class action complaint puts the spotlight on the fiduciary duty of prudence. Essentially, this latest class action lawsuit accuses the employer, investment firm and...

Article

Protecting the Vulnerable: Fiduciary Duties and Bonds Explained

Protecting the Vulnerable: Fiduciary Duties and Bonds Explained When someone cannot make sound decisions for themselves, a court can appoint a fiduciary to do so. Often, courts require fiduciary bonds to protect “the ward.” Safeguarding The Interests of Another When...

Article

Administrators: Understanding the Required Duties and Bonds

When someone dies without a will, a probate court judge will typically appoint an administrator—and require a bond. Here’s what you need to know about the process. Probate Courts Are Busy Places The Conversation estimates that as many as 68%...

Article

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 of an American Institute of...

Article

What You Need to Know About New York Surrogate’s Court Bonds

Individuals chosen to be fiduciaries, administrators, and executors within the Empire State are typically required to post a surety bond. Surrogate’s courts require fiduciaries to obtain such a bond to safeguard the interests and affairs of the estate and its beneficiaries under...

Article

States Ensure E-Signatures Are Accepted on Vital Surety Bonds During COVID-19 Pandemic

The Surety and Fidelity Association of America (SFAA), its members and partners have called on State Governors, state agencies, localities, school districts and other public entities to request acceptance of the electronic execution and delivery of commercial and construction surety...

Article

The Magnitude of License and Permit Bonds During COVID-19

Amidst the current epidemic, trepidation and uncertainty is at an all-time high. Solidifying trust between company and consumer is absolutely critical to support business operations. One of the best ways to nurture customer satisfaction and trust is for a business...

Article

Construction Labor Shortage Risks Performance

According to the Associated Builders and Contractors, there were nearly 7 million open construction jobs in the United States as of July 2018. The biggest reason for the shortage is a lack of skilled construction workers available within the labor...

Article