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There are several factors that a General Contractor (GC) will look for when hiring a trade contractor for work on a construction project. Here are 4...
Many active bond users can sometimes be limited in their bonding potential. These limitations occur differently depending on the bond program. There...
Surety bond underwriting is essentially the pre-approval and evaluation of the two bond performance requirements. These requirements were determined...
When beginning work on a project, it’s often required that the contractors have surety bonds in place. However, not only can a surety bond protect a...
Shrewd General Contractors (GC) need to consider requiring surety bonds from their first-tier subs. This will help manage a contractor’s risk in any...
Public-Private Partnerships (P3s) involve a challenging combination of new relationships and risk transfers for the private sector. While it has...
Surety bonds are instruments that have been around for well over 100 years, in fact Suretyship, or guarantees, have been around for centuries. While...
Surety bonds are instruments that have been around for well over 100 years, in fact Suretyship, or guarantees, have been around for centuries. While...
In the construction industry, there are times when Contractor default occurs. Unfortunately, defaults are not always foreseeable or manageable. Here...