Earlier this month, Kim and Cheryl went to Broward County to participate in a Capacity Building Conference put on by The Office of Economic and Small Business Development. The conference was designed to assist businesses with charting a course for success by strengthening their core capacities in general business operations through insightful dialogue and key [...]
In the context of bidding on federal solicitations, one of the more problematic issues many offerors routinely face is how to properly draft a Partnership Agreement when one is required. This is oftentimes because an offeror may be faced with two conflicting goals. On the one hand, offerors may wish to allow themselves the maximum [...]
As a follow up to the previous blog about the play that Florida Surety Bonds was proud to be a corporate sponsor for, the Florida Surety Bonds group enjoyed a fun night out on Saturday to check out the play! If you haven't already checked out the show, it is highly recommended! Here are some [...]
Last week, it was announced that the Federal Government has surpassed its 5% contracting goal for Women-Owned Small Businesses (WOSB) for the first time in history. U.S. SBA Administrator, Maria Contreras-Sweet said “Meeting this goal means five percent is no longer our ceiling but our foundation upon which to build”. “A recent SBA-commissioned study revealed women-owned businesses [...]
Please read the following article if you use or are thinking about using a drone on any of your job sites. According to the article, if not properly certified, contractors could face 7 figure penalties with FAA for drones. Click HERE to read the full article.
Florida Surety Bonds proud to be the corporate sponsor of Bring It On, The Musical, directed by Doug Carey. The musical is playing at the Wayne Densch Performing Arts Center in Downtown Sanford starting March 4th and going until March 12th. We encourage you to check it out!
What is the difference between a Surety Bond and Subguard? A Surety Bond is a three-party agreement between the principal, the obligee, and the surety where the Surety assures the obligee that the principal will perform a contract and pay any subs/suppliers they used according to the contract terms. A Surety Bond is not insurance, [...]
This week the Florida Transportation Builders’ Association “FTBA” had their Annual Construction Conference in Orlando. It was a very well attended event; there were over 500 attendees consisting of General Contractors, Subcontractors, Suppliers, Professional Services Companies, etc. There were several break out sessions that allowed companies to learn more about certain opportunities that could help [...]
The Orlando Business Journal put out an interesting article showing who the richest people in Florida are. Click HERE to read the article.
As of December 31, 2015, contracting officers can now make sole source awards to Women-Owned Small Businesses and Economically Disadvantaged Women-Owned Small Businesses. This is pretty exciting for all the WOSB and EDWOSB's out there! A sole source award is the best way for a company to be awarded a government contract. The awardee still [...]