Revisions made to the A201 General Conditions of the Contract for Construction and its related owner-contractor, subcontract, owner-architect, and consultant agreements are of interest to all project participants. READ MORE…

By Mark McCallum As NASBP celebrates its 75th Anniversary, its Government Relations team remains focused on effecting positive change for the NASBP membership. Adapting to a changing political environment has always required a strategic government relations agenda—and NASBP continues to rise to the call. Infrastructure “There is a great deal of energy on Capitol Hill right now in terms of ...

Steve Halverson comments on the hits and misses of his 1994 Suretyscope article, “The Future of the Construction Industry,” offers predictions about what lies ahead for the industry, and concludes with some thoughts on the implications for industry leaders as they guide this great industry forward. READ MORE…

Interviews with five CPAs who serve on the NASBP CPA Advisory Council describe the critical role CPAs play in ensuring that contractors’ financial management obtains and maintains their firms’ surety credit. READ MORE…

Doing business with the federal government is very different from doing business in the private sector, and that spills over to the preparation, presentation, and resolution of claims. This article describes what federal contractors pursuing claims against the federal government need to know. READ MORE…

Joint venturing under a mentor-protégé agreement can be an invaluable way for a small business to gain government contracting experience. This article discusses the requirements of any joint venture agreement between a mentor and its protégé. READ MORE…

In this reprint of Steve Halverson’s 1994 article, it is remarkable in hindsight to see how many of his predictions were on target for the construction industry. Halverson, likewise, was on point with the challenges he described in 1994. Such challenges are similar to those that the industry faces today, more than 20 years later. Based on his previous record, Halverson’s latest predictions are well worth close attention. READ MORE…

NASBP recently announced that the NASBP’s A&T Committee, working jointly with the Surety Forms Working Group, has added four surety bond forms to the ACORD Forms Library. Take this opportunity to have a seat at the table in defining the surety industry — your industry. READ MORE…

Mark Munekawa of Woodruff-Sawyer & Co. provided contractor HT Tran advice and counsel to help grow Tran’s business, Anvil Builders, which supports veterans. READ MORE…

While surety fraud is not common, it is a threat that the industry must take very seriously. It tarnishes the stellar reputation that the industry has earned over decades of providing great service and value to the construction industry. READ MORE…