Bid Bond vs Bid Security

There are many terms in the construction industry that may seem alien or confusing to a contractor, especially if they’re similar. One good example of

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Header image for the Bid Bond vs Performance Bond article showing multiple people working at height on a construction job.

Bid Bond vs Performance Bond

Considering that both bid bonds and performance bonds are essential to the construction industry, it’s important to understand the details of a bid bond vs.

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An image of two people going over Report Data and other relevant graphs.

What Sureties Look for in Your Work in Progress Schedule

In the surety world, the term “aggregate bonding capacity” is used to refer to the total amount of credit extended by a surety company to a particular contractor at any one time, and it is probably one of the most misunderstood aspects of surety programs for contractors.

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Bid Bonds Commercial Contractor.

Preparing for the Recession

On March 16th, UCLA Anderson forecast officially declared that the “U.S. economy has entered a recession, ending the expansion that began in July 2009.” Because

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Virtual Meetings - Commercial Surety - CSBA

What Are You Best At?

I received a year-end financial statement for one of our contractor clients, and the results were truly extraordinary! Not only did they manage to have

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Commercial Surety Bonding Capacity- CSBA

Deadly Distractions

I was cleaning out some old files the other weekend, and I came across an article published in ENR in January 2008 by construction management

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Commercial & Court Surety - CSBA

How the Mighty Fall

Some might recognize the title of this article, as it was borrowed from a book written by Jim Collins. In his book, Collins explores why

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contractor and engineer inspecting material in construction.

A Tale of Two Contractors

One of the really interesting things about the surety business is you get to look behind the curtain of a ton of contractors’ operations. Daily,

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The Culture Of Continuity - 3 Steps To Take Now.

The Culture of Continuity

When most people talk about the continuity of construction businesses, the focus is typically on the technical elements such as who the buyer will be,

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Ego Is The Enemy - Stay Within Your Capabilities

Ego is the Enemy

I just finished reading a fantastic book by Ryan Holiday titled, Ego is the Enemy. Ryan goes into detail about the various ways ego sabotages

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