Disaster Loans for Florida Construction Businesses Impacted by COVID-19

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If your Florida construction business has been impacted by COVID19/coronavirus, you might be eligible for a disaster loan to provide liquidity for your business. Florida is providing a short term (<1 year), $50,000 bridge loan at https://floridadisasterloan.org, which is helpful if you need cash now.  If you can afford to look at other options, I […]

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FDOT Prequalification Requires 2019 Financial Statement Changes.

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Heads Up! The FDOT requires that an annual financial statement prepared under Generally Accepted Accounting Principles (GAAP) be included with the contractor’s annual prequalification package this year. Before you have your CPA finalize your financials, make sure they are doing it on the required method. According to the article that the Florida Transportation Builders Association

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How To Battle The Credit Bureaus and Win.

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Whether you\’re contesting an error or combating fraud, Kiplinger put out a great guide on how to secure the best chance of success. \”The three major credit-reporting bureaus—Equifax, Experian and Trans­Union—have logged the most complaints for four years running, according to a report from the U.S. Public Interest Research Group. Most of the complaints involve

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Florida Courts Continue to Expand Liability of Design Professionals on Construction Projects

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There was a recent article on law.com that went into detail about how design professionals such as architects and engineers are exposed to significant risk and potential liability for errors and omissions in possibly more than just their designs on construction projects. It was an interesting article worthy of sharing…it stated “In addition to potential

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Feeding Children Everywhere- 30,000 Meals Packaged!

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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

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Florida Surety Bonds Inc. Sponsors Tent at Schmid Foundation Golf Tournament

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Florida Surety Bonds, Inc. is proud to continue its support of the Central Florida Community by sponsoring a tent at the 7th Annual Schmid Foundation Golf Tournament on October 18, 2019. Beautiful Bella Collina Golf Club played host to a competitive and charitable group of golfers who were playing for a great cause honoring South

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Slow payers cost General Contractor AND Subcontractors $64 Billion a year.

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According a recent article on www.constructiondive.com, \”a new study has found that slow payments are costing general contractors and subcontractors $64 billion a year. This is a $24 billion increase from the 2018 study from construction finance platform Rabbet.\” \”More than 60% of subcontractors said they have chosen not to bid on certain projects if

Slow payers cost General Contractor AND Subcontractors $64 Billion a year. Read More »

2019 ABC Expo

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\”All Around the World\” was the theme of this years Expo and all the exhibitors came up with amazing booth designs. Our take on the theme was \”Wild About Bonding\” and it was great, so great our booth got 2nd place! Although this is always a team event, a big thanks goes to our Account

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