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In the United States we have a strong culture of growth and pursuit of opportunity. It’s part of what makes our country so great and...
Surety companies hound contractors to build up capital in their company and this is one of the key factors that determine how much surety capacity...
When it comes to bonding capacity, the strength of a contractor’s financial statement plays a big role. While there are certainly other factors considered like...
It is common for surety companies to want their contractors to obtain a bank line of credit for their business. To surety companies, a bank...
Every successful contractor comes across the opportunity at some point to make investments outside of their company. It’s common for contractors to want to build...
In California there are approximately 110 Native American Tribes, so it isn’t surprising there is a lot of Tribal work opportunities for contractors. While Tribal...
What if the surety market changed overnight, and it became much harder to get bid, performance, and payment bonds? It’s not something most contractors think...
We are asked often for our opinion about where the construction market and general economy stand, and it’s part of the reason we came up...
California tends to have a lot of very large projects, and with very large projects often comes significant liquidated damages. Surety companies generally consider liquidated...
The definition of “Risk” is the chance of loss, and in construction this can apply to many areas. I’m going to focus on financial loss...