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So far Cheryl Foley has created 137 blog entries.

South Florida Construction Activity Up In 2017

According to an article on bizjournals.com, "Construction starts increased 3 percent in South Florida in 2017, led by residential projects, according to Dodge Data & Analytics. Based on its monitoring of construction permits, the firm said $10.9 billion in projects started in the tri-county region, up from $10.6 billion in 2015. Residential construction starts were [...]

By | February 14th, 2017|Surety Blog, Uncategorized|Comments Off on South Florida Construction Activity Up In 2017

Construction Costs Continue to Rise

According to a recent article, the IHS Markit and the Procurement Executives Group said that construction costs rose again in January on strength in labor and materials costs. "The six-month headline expectations index moved up from 68.9 in December to 70.0 in January, recording another month of increasing prices. The materials/equipment index stayed positive, at [...]

By | February 6th, 2017|Surety Blog|Comments Off on Construction Costs Continue to Rise

Top 10 US Markets That Are Poised For Tremendous Growth

The populations of 10 major U.S. metropolitan areas will skyrocket by more than 50 percent in the coming quarter-century, according to projections issued today by American City Business Journals. Click HERE to read the full article to see how certain states rank.  Nice to see that Central Florida is in the top 10 (ranked #4) and Cape [...]

By | January 27th, 2017|Surety Blog|Comments Off on Top 10 US Markets That Are Poised For Tremendous Growth

Happy New Year!

Florida Surety Bonds recently celebrated 18 years in business!  We are proud to have grown into an agency with three locations that helps over 1,000 contractors to achieve their goals.  Florida Surety Bonds is dedicated to providing excellent service, and will continue to hire customer service representatives in the coming year to that end.  We [...]

By | January 6th, 2017|Surety Blog|Comments Off on Happy New Year!

2017 Mileage Rates Announced

Beginning on January 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles driven, down from 54 cents for 2016 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016 14 cents [...]

By | December 16th, 2016|Surety Blog|Comments Off on 2017 Mileage Rates Announced

Major Expansion Coming to Port Tampa Bay

On Thursday, Port Tampa Bay officials unveiled a master plan for the various businesses within and surrounding the port. "Vision 2030" maps out the growth and new development for the next 15 to 20 years. The new plan aims to help Port Tampa Bay grow not only by establishing new business but also building upon [...]

By | December 13th, 2016|Surety Blog|Comments Off on Major Expansion Coming to Port Tampa Bay

New Deadline for Filing Forms W-2 & 1099-MISC

Starting in tax year 2016, the deadline for filing Forms W-2 and 1099-MISC (when reporting non-employee compensation in box 7) will now be January 31, 2017. This is a month earlier than the previous deadline date of February 28. This new deadline is for all employer Forms W-2 and 1099-MISC returns, both electronic and paper returns. [...]

By | December 1st, 2016|Surety Blog|Comments Off on New Deadline for Filing Forms W-2 & 1099-MISC

Bonding 101: Key Things You Need To Know About Contract Surety Bonds.

A surety bond is a three-party agreement where the Surety (an insurance company), assures the Obligee (the Owner or Prime Contractor) that the Principal (bonded Contractor) will perform a contract.  Contrary to popular belief, a bond is not insurance, but an extension of credit.  It just happens to be issued by an insurance company.  Although [...]

By | November 18th, 2016|Surety Blog|Comments Off on Bonding 101: Key Things You Need To Know About Contract Surety Bonds.

Site-Specific Safety Plans

Site-Specific Safety Plans “SSSPs” are developed to prevent accidents on the job site by being pro-active with anticipating and eliminating hazards. The potential hazards are identified up front and safe work practices are defined to eliminate/control those hazards. The minimum elements of an SSSP should include things like: Having the subcontractor’s project manager, superintendent and [...]

By | November 4th, 2016|Surety Blog|Comments Off on Site-Specific Safety Plans