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Last week we explored the types of financial ratios available to the Contractor and began investigating liquidity ratios. This week, we will continue...
Financial statements report the condition of a construction company and serve as a basic measurement of the company’s strength or weakness. To...
Triggering a Force Majeure is about living by the exact words. These clauses are typically interpreted with a very narrow view. The words are...
As a working Trade Contractor, your company is typically required to have General Liability (GL) coverage before entering a project site. Within your...
Last week we began the dialogue on possible COVID-19 claims and what, if any, insurance coverage could be triggered. This week, we will expand that...
As the COVID-19 pandemic touches the construction industry at large, there are many questions surrounding insurance coverage on a job site and...
A surety bond is a three-party contract between the Surety, the Principal, and the Obligee. The Surety is the party that issues the Performance Bond...
Sureties are a specialized division within the insurance industry that work with Contractors to underwrite and provide bonds. When working on a...
Surety bond programs are not a one-size-fits-all for construction companies. This is the reason why we see hundreds of surety companies in the...