By Michael C. Zisa and Susan Elliott Two recent decisions from the United States District Court for the District of Columbia and the United States Court of Federal Claims highlight that sureties and bond producers are not immune to the potentially severe consequences of the False Claims Act (“FCA”) and related federal fraud statutes. In each case, the Court ...
Read More »Author Archives: Tamara Perry-Lunardo
NASBP Celebrates 75th Anniversary with Limited-Edition Communication Pieces
The National Association of Surety Bond Producers (NASBP) is celebrating its 75th Anniversary in 2017. To illustrate the Association’s history while looking toward the future, NASBP produced a series of exciting communication pieces to share with the NASBP membership—including a commemorative brochure, an illuminated six-panel historical exhibit, and a special anniversary edition of Surety Bond Quarterly magazine. Attendees at the NASBP 2017 Annual ...
Read More »AIA’s A201 Contract Documents: What’s New for 2017
The American Institute of Architects (AIA) recently released the 2017 edition of its key agreements in the A201 family of documents. These design-bid-build agreements, updated every ten years to reflect the evolving construction industry, are universally seen as an industry standard and have crucial implications for surety bond professionals. “The 2017 release included several revisions to AIA’s flagship document, the ...
Read More »Howard Cowan—Building on a Solid Foundation
NASBP’s 2017-2018 President sees many new opportunities for the association’s growth in advocacy and communications about the surety product and in preparing talent to lead the surety industry. READ MORE…
Read More »Acting Director of the U.S. SBA Office of Surety Guarantees
Peter Gibbs wants the SBG Program, currently with 30 participating sureties, to work efficiently and smarter, making it easier for surety partners to ensure small businesses are supported. READ MORE…
Read More »Mitigating the Hidden Risks in the “New Normal” Construction Environment
This NASBP white paper provides a framework for discussions with project owners and others about the present need for bonds. READ MORE…
Read More »Drones Take Flight in the Construction Industry
The benefits of using drones on construction projects are clear, but know the potential risks and take steps to mitigate them. READ MORE…
Read More »Insurtech for Surety: The Future Is Closer than You Think!
On the brink of a revolution! Learn about the industry’s recent advances in streamlining the transfer of surety bonding data and how it benefits bond producers, underwriters, and their clients. READ MORE…
Read More »How Can Construction Contractors Expedite Payment on Federal Contracts?
Here are tips how contractors can learn how to work within the system and how they can make the system work for them. Part 2 will be published in the fall issue. READ MORE…
Read More »NASBP to Release Continuing Education Course: Joint Ventures in Construction
At last, a comprehensive set of materials addressing essential issues in joint ventures for surety professionals. READ MORE…
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