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Displaying 241 results for: payment bonds
Contract Surety 07.16.2019

Modular Building Speeds Up Construction Process

Some buildings and structures may have many uniform rooms or pieces within them and those, such as hospitals and hotels, may be candidates for modular construction. In modular construction, separately made parts of a building…
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Modular Building Speeds Up Construction Process
Contract Surety 07.15.2019

San Francisco’s First Modular Hotel Opens

San Francisco opened its first modularly built hotel, the Home2 Suites by Hilton. The total construction time for the hotel was 16 months, with construction finished in less than a year after the modular units arrived…
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San Francisco’s First Modular Hotel Opens
License & Permit Bonds 07.08.2019

How to Become a Licensed California Electrical Contractor

To become a licensed electrician in California, you need to obtain a C-10 Electrical Contractor license. The license is required in order to bid on any projects worth $500 or more. The California Contracts State License…
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How to Become a Licensed California Electrical Contractor
Contract Surety 07.02.2019

3D Digital Scans Will Help Rebuild Notre Dame

Notre Dame, the French cathedral dating back to the 12th century, had much of its wooden structure burn down recently. But with the aid of 3D digital laser scans of the building taken in 2015, the…
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3D Digital Scans Will Help Rebuild Notre Dame
Contract Surety 07.01.2019

Construction Industry Becoming More Diverse and Inclusive

More and more women are not only entering, but thriving within, the male dominated construction industry. Women were mostly in support-centered roles within the construction industry and never really had decision making authority, but that…
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Construction Industry Becoming More Diverse and Inclusive
Contract Surety 07.01.2019

2020 Federal Budget Omits Funds for Hudson River Tunnel Construction

Federal funding for the proposed $13 billion Hudson River train tunnel that would have connected New York with Northern New Jersey was excluded from President Donald Trump’s $4.7 trillion 2020 budget request to Congress. Deputy…
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2020 Federal Budget Omits Funds for Hudson River Tunnel Construction
Contract Surety 06.27.2019

Bipartisan Infrastructure Bill Aims to Attract Global Investment

Rep. John Larson (D-CT) and Rep. Kenny Marchant (R-TX) have introduced the “Invest in America Act” that aims to draw $125 billion in investment, create 284,000 jobs, and create many more opportunities for contractors. The…
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Bipartisan Infrastructure Bill Aims to Attract Global Investment
Contract Surety 04.11.2019

Surety vs. Insurance in Contract Surety

Surety bonds and insurance may seem similar and come from similar companies, but they are not the same thing, especially in contract surety. With Colonial Surety, contractors are essentially able to establish a line of…
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Surety vs. Insurance in Contract Surety
Contract Surety 04.11.2019

Pre-Bid Due Diligence is a Key for Contractors

Evaluating subcontractors and material distributors in a construction project while having clear, quality contracts can be the difference between making profits or suffering a loss. That’s why it’s so important for contractors to do due…
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Pre-Bid Due Diligence is a Key for Contractors