Our Blog - Surety Matters

Across the country, states continue committing funds to begin long awaited projects. In New Jersey, a $190 million renovation effort to Newark Penn Station begins soon. Starting Immediately New Jersey has committed to a five-year,…
Read Moreabout New Beginnings: Renovating and Building Too

 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

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

  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

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

The coronavirus pandemic fosters a plethora of uncertainty for contractors, subcontractors, suppliers, owners, and sureties. In every state across America, guidelines are being put in place to determine if construction is an “essential” infrastructure to…
Read Moreabout The Potential Impact COVID-19 Will Have on Contract Surety

To help fend off the nascent coronavirus (COVID-19) epidemic, the state of New York has halted all but “essential” statewide services. Gyms, restaurants, bars and various other businesses are closing their doors to comply with…
Read Moreabout Construction Deemed “Essential” in New York

Bid bonds are used primarily in the construction industry to assure the contractor can fulfill the job responsibilities listed in the agreement for the agreed price for the project owner. It protects the project owner…
Read Moreabout Here’s Why You Need a Bid Bond

Using a composite steel frame that is rebar free, The Erection Co., finished topping out its 850 square foot Rainier Square Tower in Seattle, Washington in just ten months. The building is scheduled for completion…
Read Moreabout Rebar Free Design Allows Contractor to Top Out Building in 10 Months