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Pathways to Professionalism—Surety Practitioners Discuss Success Strategies, Skills, and Training
ISTOCK.COM/MASTERSERGEANT Surety professionals need an amazingly diverse skillset. First, they need financial and accounting skills; experts can teach those number skills. Less dependent on rote…
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Why Private Construction Jobs Are Requiring Surety Bonds, Too
ISTOCK.COM/IVELINRADKOV By Jacqueline Greenberg Vogt Public construction projects almost always require surety bonds. As a type of insurance, bonds protect the government if the wheels…
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Watch Your Step: Avoiding False Claims Act Violations from Limitations on Subcontracting and Performance of Work Requirements
ISTOCK.COM/NADIA_BORMOTOVA By Matthew Feinberg Members of the government contracting community are familiar with the contracting opportunities offered specifically to small and disadvantaged businesses through the…
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Practical Advice to a Surety to Protect Collateral in Bankruptcy
ISTOCK.COM/PATPITCHAYA By Elliot Scharfenberg It borders on the cliché to begin an article by musing that suretyship is among the most ancient contracts known to…
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Contractors Can Help Ensure Their Success by Heeding Five Lessons Learned from the Pandemic
ISTOCK.COM/RELIF By Robert S. Posner of Grassi As the construction industry emerges from the COVID-19 pandemic, new realities continue to impact contractors’ plans and strategies.…
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Five Industry-Unique Concepts in Navigating Construction Company Work-Outs—Scenarios that Allow a Contractor in Default to Meet its Debt Obligations
ISTOCK.COM/VECTORINSPIRATION By Kevin Hamernik of BKD Working with a company struggling or bordering on the edge of insolvency is difficult enough, but any seasoned turnaround…
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A Contractor’s Line of Credit Can Affect the Firm’s Bonding and Banking Relationships
ISTOCK.COM/GUSTAVOFRAZAO By Richard P. Higgins of McCarthy & Company Building a solid foundation for good relationships with sureties and bankers is important for every contractor,…
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Three Recent Cases Strike Down Liquidated Damages Clauses in Settlement Agreements: Trend or an Aberration?
ISTOCK.COM/ZOLNIEREK By Adam M. Tuckman of Watt Tieder Hoffar Fitzgerald LLP Beginning more than one century ago, owners and contractors generally have adopted the convention…
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NASBP Partners with SFAA to Offer Free Online Course – Introducing a Surety Bond Education Curriculum With Personality
Learning about the ins and outs of qualifying for surety bonds as a construction contractor may sound like a dry course of study, but contractors…
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Extending the Value of Surety—NASBP’s 5-15 Committee Trains New Industry Leaders
When visionary business leaders take action, they always have their eye on the future. The problem is that it takes broad industry knowledge and experience…
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