Surety Bond News
The latest happenings affecting the surety bond industry.
Surety selects contractor to complete Texas city sidewalk project
Full Story: Community Impact Newspaper (Texas)
Surety must pay out, court rules; owner, contractor entered new agreement
Full Story: Business Insurance
Construction workforce, wages surpass pre-pandemic levels
Full Story: Quartz (tiered subscription model)
Surety takes over Conn. fire station renovation after contractor default
Full Story: The Hour (Norwalk, Conn.)
State officials anticipate how federal funds for broadband infrastructure will be managed
Full Story: Government Technology
Treasury proposes new categories of reinsurers, changes to surety program
The Treasury Department has issued a proposal containing provisions that would create two additional categories ...
Lawmaker: Bonds for Wis. construction projects protect taxpayers
Legislation under consideration in Wisconsin aims to increase competition for state construction projects by easing ...
Key to surviving increased material costs may be in project parties sharing risks
Increased construction material costs are putting strains on projects and raising the risk of contract ...
Actions federal contractors can take to help comply with vaccine mandates
Full Story: JD Supra
Attorney: On-demand bonds fall short of traditional bonds
Traditional performance bonds offer better obligee safeguards than on-demand bonds for multiple reasons, an attorney ...