Our Blog - Surety Matters

 A $31.1 million road construction project is underway in Boston! Delayed for decades, it will now incorporate the latest approaches to pedestrian and bike-friendly roads. Wide Sidewalks, Bike Lanes and a Roadway Revamp Too Scheduled…
Read Moreabout Constructions Begun: Perseverance In Boston

Contractors: it’s worth pausing to see if you qualify for a federal research and development tax credit. You may already be doing the work! Underutilized Credit The federal government provides a general business credit of…
Read Moreabout Tax Credit Available To Contractors: Why Not Try?

Inspired by big thinking and collaborative funding agreements, construction is underway on a $945 million commuter train line in Indiana. Making New Connections Toward construction of an 8-mile commuter train line—the West Lake Corridor Project—a…
Read Moreabout Sign of Growth: $945 Million New Train Line Underway In Indiana

The New York City Metropolitan Transportation Authority (MTA) is considering a revamp of the current evaluation system for contractors. How will everyone be satisfied? Dissatisfaction with the Current System Currently, contractors with $250,000 or more…
Read Moreabout Changes Coming for the Contractor Evaluation System At NYC MTA

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…
Read Moreabout Bid Bonds: A Cautionary Tale

WOODCLIFF LAKE, NJ October 26, 2020 Colonial Surety Company is thrilled to announce the launch of a direct and digital pre-qualification process for bid and performance I-Bonds®, empowering contractors across the country to simplify, partner,…
Read Moreabout Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors

  The outlook for major spending on infrastructure is strong—regardless of election results. For contractors, now is the time to prepare for growth.  Optimism from Market Analysts One strong indicator for growth is that the…
Read Moreabout Experts Predict Growth: Prepare to Build-and Bid

  New research demonstrates the success of building information modeling (BIM). It is especially effective when everyone on the project team is committed to it—and partnering effectively. The Impact of Embracing BIM Many contractors are…
Read Moreabout BIM Results Highlight The Importance of Partnering

Amidst continued optimism in the industry, contract managers face delays, expenses and uncertainties as they manage performance in the COVID-19 world.  Funding for Infrastructure Projects Extended The passage of a federal government stopgap measure has…
Read Moreabout Construction: Succeeding Despite Timing and Compliance Issues