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Our blog covering the latest in bonds and insurance
Contract Surety 06.13.2024

Foreseeable Conditions?

  The pace of climate change is outpacing updates to building codes, but contractors are not off the hook. If confronted with related claims, contractors are likely to face questions about “what they should have…
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Foreseeable Conditions?
Contract Surety 06.13.2024

500,000 New Workers Right Now?

  That’s the number of new workers the Associated Builders and Contractors (ABC) estimates are needed to keep construction moving—just this year. To overcome the shortage, and thrive for the go forward, it’s critical to…
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500,000 New Workers Right Now?
Contract Surety 06.07.2024

Progress Report: Infrastructure?

  The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) was signed into law in late 2021, committing $550 billion for new initiatives related to roads, bridges, mass transit, water, resilience, and broadband. The five…
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Progress Report: Infrastructure?
Contract Surety 06.07.2024

Get An Edge: Equipment Rental

  Although the allure of building a fleet of incredible equipment has always been tantalizing for construction company owners, renting is turning out to be a great strategy for growing a business. This is especially…
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Get An Edge: Equipment Rental
Contract Surety 05.28.2024

George Washington Bridge: Progress!

  It’s always reassuring to know that public works are progressing, and for New York-New Jersey commuters, it is especially heartening to know that critical rehabilitation work on the George Washington Bridge has successfully reached…
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George Washington Bridge: Progress!
Contract Surety 05.28.2024

Retaining Workers

  Sustaining the success of a construction business, despite the competition for skilled workers, means doubling down on efforts to keep your hard-won talent working for you. Frequent turnover is disruptive and expensive, making strategic…
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Retaining Workers
Contract Surety 05.21.2024

K-12 School Construction Trends

  Although there have been enrollment dips, and birth rates are down, the impetus to create state of the art, and healthy school buildings for the next generation remains strong. Billions of dollars are committed…
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K-12 School Construction Trends
Contract Surety 05.21.2024

Good News+Bad News=More Work Ahead

  The American Society of Civil Engineers reports that the $550 billion allocated in the Infrastructure Investment and Jobs Act (IIJA) is preventing our infrastructure from deteriorating. However, without sustained funding efforts at the national,…
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Good News+Bad News=More Work Ahead
Contract Surety 04.24.2024

You’re Hired! Oops…

  Given the investment involved in finding, onboarding and retaining excellent employees, “one and done” interviews (“OK, start tomorrow”) are not the way to go, even if you are desperate and the candidate seems terrific….
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You’re Hired! Oops…