Author Archives: Rick Goldstein

Become a Tiger in Surety Sales

Tiger Trust Award recipients are producers and surety underwriters who have persuaded private owners that surety bonds will protect their projects

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When is it Okay to say ‘No’?

The assumption by courts for the duty to proceed is strong in construction projects, while the right for contractors to stop work is available in only limited circumstances.

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2019 Accounting Tax and Technology Check Up

PanchenkoVladimir/Shutterstock.com What faces our industry is a period of great opportunity balanced with some real concerns. In the recent Associated General Contractors of America labor results, each state varies with construction labor growth, but, overall, most are troubled by the decline in available, qualified labor in the construction industry. Most construction organizations can attest to that. The work programs have ...

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Security Bonds: What Bond Producers and Their Construction Clients Need to Know

Ktasimar/Shutterstock.com By Toby Miclette I heard a story recently about a public owner in the state of Texas using a security bond in an attempt to force a general contractor (GC) into executing a guaranteed maximum price (GMP) contract amendment at a price no greater than the Initial GMP (IGMP), even though there had been scope changes subsequent to establishing ...

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