Past Features

Surety Fraud Scams

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…

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Guide to 2016 EJCDC® Design-Build Family of Documents

Surety professionals and their contractor clients will want to make note that the Engineers Joint Contract Documents Committee has released the new EJCDC® Design-Build Family of Documents, which includes nine new and seven revised documents. READ MORE…

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What Surety Professionals and Their Contractors Should Know: Liability Under the False Claims Act

This article concludes the federal government contract compliance series with a discussion of the dangerous pitfalls of the False Claims Act, the significant risks associated with violating the Act, and conclusions for contractors seeking to avoid liability. READ MORE…

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Facilitating International Commercial Surety

As the global economy changes, the need to provide bonds in another country for U.S. domiciled companies will increase. What do you do when your biggest U.S. client needs a bond in another country? This article outlines some of the issues that should be considered when arranging for a bond to be written outside of the U.S. READ MORE…

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SDI Insured Must Shoulder Burden to Pursue Claims Against CGL Policy

A joint venture is a partnership between one or more companies to take on a commercial enterprise. Joint ventures have been used in the construction industry for years but have become increasingly common as projects continue to become larger, more complicated, and more specialized. READ MORE…

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Practical Insights: What You Need to Know – Joint Ventures in Construction

A joint venture is a partnership between one or more companies to take on a commercial enterprise. Joint ventures have been used in the construction industry for years but have become increasingly common as projects continue to become larger, more complicated, and more specialized. READ MORE…

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Making a Difference: NASBP Members Support Trauma Treatment for Vets

Last year, at NASBP’s 2015 Annual Meeting, former soldier Doug Bauldwin spoke about his struggles with post-traumatic stress (PTS) and the breakthrough treatment that turned his life around. His story inspired an outpouring of support from NASBP members. In less than a year, with contributions still coming in, individuals, agencies, and surety companies have raised more than $120,000 to support ...

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