Surety bonds have been a standard requirement for construction projects within the United States for decades. It has been proven to be an important part of construction project procurement and […]
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The construction industry is expected to experience healthy economic times. Construction spending, for one, continuously grows according to the Department of Commerce. In fact, construction spending grew to $1.257 trillion late last year. Not […]
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Which is the better option to manage subcontractor risks? Getting subcontractors adds a new dimension to a construction project. Construction companies, whether large or small that can mitigate subcontractor risks […]
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State statutes require contractors working on public projects in the United States to post different types of construction surety bonds. One of the most available and common types of surety […]
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Understanding the type of paperwork required to apply for a construction surety bond is a critical step towards becoming bonded. But the documentation will only mean little if you, as […]
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We sneak a glimpse into some of the typical surety bond fraud and scams and how you can avoid getting conned by choosing a reputable surety bond provider. Various types […]
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A bid bond also called a tender bond, is a type of surety bond posted by a bidder for a construction project to provide assurance to the project owner that […]
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Greg Rynerson, CEO of a California-based surety company, Surety Bond Authority Inc, answers in detail on what you need to know about Construction Surety Bonds. Today, many small, emerging, and […]
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A construction development project can be a high-risk endeavor and requires a carefully developed plan of action to ensure the terms promised will be executed correctly and fairly for all […]
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