Kennedy Space Center Small Business Networking Fair
Great day networking with Florida contractors & government officials at the KSC Small Business Networking Fair.
What you want to know about the new residential property market legislation in Florida
The latest from our Florida Legislature by Carol Bowen, JD I Chief LobbyistAssociated Builders and Contractors of Florida & Vice President of Government AffairsAssociated Builders and Contractors Florida East Coast Chapter.What Happened In Tallahassee This Week?The Legislature returned to Tallahassee this week with the sole purpose of addressing the current situation and circumstances of the [...]
U.S. Army Corps of Engineers New Orleans Industry Day
It is the “Golden Age of Funding for the Corps” and Emily Golecki and Sarah O'Linn were honored to support the U.S. Army Corps of Engineers New Orleans Industry Day and hear about the unprecedented infrastructure opportunities first hand. Mississippi Valley District is exceeding their small business set-aside contracting goals and Dave Willis (pictured, center) and the New Orleans [...]
Planning for 2021 Taxes: What Contractors Need to Know
BY DAVID V. JEAN WHEN TAX TIME rolls around, contractors often feel like the deck is automatically stacked against them. But the right tax planning strategy helps to ensure the House, in this case the IRS, doesn’t catch you off guard. These tax benefits could help you save a substantial amount of money. Contractors should consider several [...]
Retainage and Prompt Payment Statutes
Don’t let the Public Owners hold your money! Don’t let the Public Owners hold your money! Some Florida Municipalities may not know that the amount of the allowable retainage was changed effective October 1, 2020. The links to the appropriate statutes are listed as a Resource on the Florida Surety Bonds website. Retainage being held [...]
New accounting requirements for leases take effect
We recently learned from Withum, CPA's that the Financial Accounting Standards Board long anticipated new accounting rules for leases is now in effect for nonpublic companies whose fiscal year began after December 31, 2021. In simple terms, most every lease for lessees will no appear on a company's balance sheet. The present value of all [...]
Construction Industry: Will Bid Prices Catch up with Material and Labor Cost Increases?
The November 2021 AGC data shows there’s been an alarmingly large gap between construction input inflation and bid price inflation since April 2020, but it appears the bid price inflation is finally gaining ground. The bid price inflation rate sharply rose from 2.8% in May 2021 to 12% by October 2021. Industry analysts expect bid [...]
Feeding Children Everywhere- 30,000 Meals Packaged!
The Florida Surety Bonds team helped package 30,000 meals that will be distributed to local families in need through Feeding Children Everywhere and Full Cart! The domestic feeding arm of Feeding Children Everywhere serves the 45 million Americans living below the poverty line, including millions of children, seniors and veterans across the country. Our Florida Surety Bonds family had a great time collaborating on this project and encourage you to host your own Hunger Project to make an impact in your local community! www.feedingchildreneverywhere.com