This form lays out conditions and responsibilities for the obligee and surety.
Read More »Current News
After Church Fiasco, Surety Team Counts Its Blessings
Why and What You Need to Know About Blockchain and Smart Contracts in the AEC Industry—Part 2 of 4
The unique characteristics of these technologies have the potential to solve longstanding construction industry problems.
Read More »Analysis of Scollick Memorandum Opinion
Court dismisses FCA claims against Miller Act Surety Defendants for alleged failure to detect and report Procurement Fraud.
Read More »Contractors Need Specialized Accounting Services
CPAs who specialize in construction track the laws, regulations, and business nuances to help contractors operate more smoothly.
Read More »Hot Topics in Construction and Surety Risk Management
Construction accounting and legal expertise—insights from construction CPAs and attorneys serving on the NASBP Advisory Councils.
Read More »Data Privacy and Cybersecurity 101: What Bond Producers and Sureties Need to Know
The first step toward security is assessment of compliance and vulnerabilities.
Read More »A Passion for Surety – Profile of NASBP President Nick Newton
2022-2023 NASBP President Nick Newton will focus on implementation of technology, analysis of effects of mergers, and recruitment of new talent.
Read More »Surety Companies Speak: Surety Industry Rising to Present Challenges and Succeeding!
A NASBP State of the Surety Industry Survey Summary Report
Read More »How to Avoid Unintended Claims Consequences to the Surety
Bond producers should always timely advise the surety of circumstances that might give rise to a claim as well as consult with the surety before making commitments that might impair the surety’s ability to administer a prospective claim.
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