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General Articles
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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…
In the construction industry, disputes, delays, and payment issues can quickly escalate into bond claims if they are not handled carefully. Understanding how surety claims…
Business owners arrive at the choice of winding down their construction company for a variety of reasons. For some, it may have been the plan…
Surety companies commonly want their contractors to obtain a line of credit from their bank to support their bonding program. These lines of credit can…
In this educational video, Dan Huckabay of Commercial Surety Bond Agency (CSBA) explains how different construction accounting methods; specifically Cash Basis, Accrual Basis, and Percentage…
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…
Balancing Tax Planning and Bonding For many contractors, the end of the year triggers a singular focus on minimizing tax obligations. While this is an…
Grading, Subdivision & Site Improvement Bond Articles
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For developers and property owners in California, securing a site improvement bond is a standard part of the project kickoff. However, knowing how to efficiently…
For developers and property owners, selling a property with active site improvements requires careful planning. A common misconception is that selling the land automatically transfers…
For developers and property owners, understanding the financial commitment of a site improvement bond is just as important as securing the bond itself. Unlike standard…
Securing a grading bond is a critical step for developers and property owners embarking on a new excavation or earthmoving project. The grading bond acts…
Securing a grading bond is a critical step in getting your project off the ground, but the process can seem complex if you’ve never done…
One of the first questions developers and property owners ask is, “How much will this grading bond cost?” It’s a crucial question, but the answer…