Surety Bond News
The latest happenings affecting the surety bond industry.
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 ...
Airport construction projects gearing up to surge in 2021
Many airport construction projects are likely in the next few years as the coronavirus pandemic ...
Treasury OKs relief funds for certain state, local transportation projects
The Treasury Department has authorized the use of $350 billion in American Rescue Plan Act ...
Rising cost of materials, sourcing concerns have owners rethinking projects
Contractor confidence regarding profit, sales and staffing has grown stronger, but supply chain problems and ...
Survey: Contractors confident US market will provide adequate new business in the year ahead
Contractors are showing greater optimism as 36% of them report expectations that revenue will rise ...
Infrastructure building to expand 4.7% on average over 5 years
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Construction industry outlook positive; pandemic uncertainties remain
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Attorney: GC’s best defense when defaulting, terminating sub is well-written subcontract
The "first line of defense" that general contractors have in a subcontractor default or termination ...
Contractors consider new materials as steel, lumber costs surge
A surge in prices for lumber, steel and other materials has construction companies looking for ...
Many construction companies’ regular activities qualify for research and development tax credit
Many of the regular activities performed by construction companies qualify for research and development tax ...
