Surety Bond Quarterly Professionals in Surety Bonding
Sureties must beware of potential liability for violations of the Program’s regulations.
Read More »Joint Ventures in Construction: Part 3—Joint Ventures Involving the Federal Government’s Small Business Programs
Current News
Traditional Performance Bonds Provide Protection Superior to On-Demand Bonds
Prequalification, experience, flexibility, and expertise are lost when obligees require on-demand bonds in lieu of traditional performance bonds.
Read More »When Should a General Contractor Require Subcontract Bonds?
The key to the decision is balancing the GC’s risk from subcontractor default with profit from the project.
Read More »Impact of COVID-19 on Commercial Surety Bonds
Sureties should take steps to protect themselves and their principals from the pandemic’s economic shocks.
Read More »Introducing the NASBP Toolkit 2.0
Connect with Stakeholders for Project and Personal Success.
Read More »The Top 10 Provisions of the Contract Surety’s General Indemnity Agreement
Understanding the GIA is the key to effective suretyship.
Read More »Taking the Extra Steps to the Top of the Mackinac Bridge
A painter’s surety team goes the extra mile that results in a complicated job successfully completed.
Read More »What you need to know about Joint Ventures in the Construction Industry: The JV Agreement
As described in Part I of this article, joint ventures, or JVs, can offer significant benefits to contractors.
Read More »Construction Accounting Expertise in Uncertain Times
Changes related to the COVID-19 crisis and the construction and surety industries are still occurring; some data in this article may have changed from the time of article submission and the publication date.
Read More »False Claims Act Risk and the Paycheck Protection Program: Common Sense Approaches to Minimize Risk
Uncertainty about the rules abound, but sureties can take steps to protect themselves.
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