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ISTOCK.COM/GGUY44 By Lori Ann Lange 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. With each new presidential administration, there are changes in policies as well as new laws and regulations that can impact government construction ...

NASBP’s commitment to creating opportunities for producer and affiliate members is all about creating win-win scenarios in the economy as a whole. Nowhere is that better illustrated than in the Association’s partnership with the U.S. Small Business Administration’s Office of Surety Guarantees (OSG), led by Peter Gibbs. Peter C. Gibbs, Director of the U.S. SBA Office of Surety Guarantees That’s ...

ISTOCK.COM/GORODENKOFF By Mike F. Pipkin and Jadyn Cleveland 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. General contractors run into financial difficulties or outright fail for a myriad of reasons. Regardless of the explanation, a ...

ISTOCK.COM/SIHASAKPRACHUM By James Miller and James WiedemannChanges 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. The day was Wednesday, March 11, 2020, as we sat with our audit team at a restaurant in Boston, Massachusetts. Across ...

ISTOCK.COM/OLIVIER LE MOAL By Brian Padove 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. A good rule of thumb is generally always to be proactive rather than reactive. Whether it is “measuring twice and cutting ...

ISTOCK.COM/MARYANA SERDYNSKA By CharCretia V. Di Bartolo 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. On June 30, 2020, the Rhode Island Superior Court issued a decision, Providence Builders, LLC v. Costa Brothers Masonry, Inc. ...

ISTOCK.COM/VISUAL GENERATION By Richard Higgins of McCarthy & Company, PC 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. The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes tax provisions to help businesses preserve and ...

ISTOCK.COM/EAKGRUNGE By James Wiedemann and Jake Amoroso of Marcum, LLP 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. COVID-19 has had far-reaching effects on almost every industry—even those that, like construction, were deemed essential (with ...

ISTOCK.COM/BRIANAJACKSON By Rebecca S. Glos 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. Just when everybody thought the issue of the enforceability of pay-if-paid clauses and pay-when-paid clauses was well settled, a recent decision by ...

ISTOCK.COM/KRIZZDAPAUL By Stephen P. Katz 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. When is it right to start thinking about succession planning and preparing a construction company for transition? Many would agree—in concept, at least—that ...