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Bank-Fronted Standby Letters of Credit May Be Viable Solutions When Surety Bonds Cannot Be
ISTOCK.COM/ULTRAMARINE5 What can surety bond producers do when a client needs a guarantee for a project or other obligation, but the requesting entity will not…
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Understanding ESOPs: The Ownership Structure Enabling Stability, Retention, and Exits
ISTOCK.COM/CAGKANSAYIN By Marty McCarthy of CBIZ Private equity (PE) has recently emerged as a major force driving business transactions in the construction industry and is…
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Why Job Costing Still Breaks Margin Visibility for Construction Firms
ISTOCK.COM/FLASHVECTOR By Carl Oliveri of Grassi Financial pressure in construction rarely appears all at once. It builds over time across estimating assumptions, construction job costing,…
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When a Federal Prime Contractor Does Not Pay: 11 Steps to Protect Subcontractors
ISTOCK.COM/VLADWEL By Aron C. Beezley and Winni Zhang of Bradley Arant Boult Cummings LLP For federal subcontractors, a prime contractor’s failure to pay or consistent…
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U.S. Supreme Court Holds Certificates and Affidavits of Merit Are Not Required for Federal Pleading
ISTOCK.COM/SILA DAMRONGSARINGKAN By Teresa L. Polk of SMTD Law LLP On January 20, 2026, the U.S. Supreme Court issued its decision in Berk v. Choy,…
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CPA: How Contractors Can Protect Their Margins During Volatile Times
ISTOCK.COM/DADAN By Brian Kassalen of Baker Tilly The significant uptick of construction materials and equipment costs continue to outpace inflation. Margins are tightening, and tariffs…
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Making CPAs and Contractors Surety Underwriting Savvy
ISTOCK.COM/SMILESTUDIOAP By Robert Mercado of CBIZ Surety is a form of credit, not insurance. CPAs are the translators between a contractor’s books and an underwriter’s…
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Risk Multiplier or Mitigator? What AI Adoption Tells Sureties About Contractor Maturity
ISTOCK.COM/WANNIWAT ROUMRUK By Carl Oliveri of Grassi The construction industry is embracing AI with no shortage of enthusiasm. Yet for all the excitement, adoption is…
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Canadian Study Reaffirms Protections, Value Provided by Surety Bonds
ISTOCK.COM/NIKOLA93 Surety professionals can cite many examples of the value of surety bonds from their own experiences, but they generally don’t have large scale, empirical…
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How Construction CFO Leadership Supports Strong Surety Relationships
ISTOCK.COM/NADEZHDA KOZHEDUB By Adam Canosa of Grassi A contractor’s financial leadership is often one of the clearest indicators of how financial risk is identified and…
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