Surety Blog

23 04, 2019

How Contractors Win the Trust of Surety Companies

2019-04-23T14:49:02-04:00April 23rd, 2019|

Article courtesy of www.riskandinsurance.com

“To win bids on big projects, construction companies first need to win the trust and support of a surety carrier. A surety bond not only protects project owners and investors from financial loss, but provides reassurance that the work will be completed and meets the high […]

28 02, 2019

Now Is The Time!

2019-02-28T14:13:59-05:00February 28th, 2019|

There is a lot of competition in the surety industry these days. See how that can benefit you!

Whether you are new to bonding or an established bond user wanting to get a confidential second opinion of your bonding program we can help.

With access to exclusive surety appointments in the state, Florida Surety Bonds has […]

17 01, 2019

Can a Contractor Get Pre-Qualified For Bonding Without a Bond Need?

2019-01-17T14:00:51-05:00January 17th, 2019|

YES!!

We recommend that a contractor get pre-qualified BEFORE there is a bond need. It makes the process easier for everyone, plus….

• It’s Free!
• Once you are set up, we can provide you with free bondability letters for marketing or job pre-qualifications.
• Better to know if you qualify and what you qualify for before you bid or negotiate a […]

13 12, 2018

Price of construction materials down recently; economist predicts more stability in materials pricing.

2018-12-13T19:28:52-05:00December 13th, 2018|

The price of construction materials decreased 1.8 % from October 2018 to November 2018, according to data released by the U.S. Bureau of Labor Statistics.  Materials prices are still 5.3% higher than last year, led by double digit percentage increases in steel, iron, and natural gas.  According to Associated Builders and Contractors, Inc.’s chief economist, […]

13 12, 2018

Public construction spending exceeded estimates slightly, private spending appeared to level off in new 2018 report

2018-12-13T19:31:34-05:00December 13th, 2018|

On Monday December 3, 2018, the U.S. Census Bureau released monthly U.S. construction spending statistics for October 2018. Per the newest monthly report, public construction spending as of October 2018 is 0.8% higher than forecasted in September 2018, while private sector spending is 0.4% lower than previously forecasted.  This year, public construction spending is 8.5% […]

28 11, 2018

Zoi House – Tallest Building in Orlando, Coming Soon!

2018-11-28T15:06:58-05:00November 28th, 2018|

Earlier this week the City of Orlando approved a $140 million high rise project for Downtown Orlando.

Zoi House, which means “life” in Greek, will be the tallest building in Orlando. The building will include space for retail, office buildings and apartments. The plans show that the very top will have a pool deck overlooking the […]

22 10, 2018

Contractor Fired From Daytona Beach Convention Hotel Project

2018-10-22T15:15:40-04:00October 22nd, 2018|

By now I’m sure everyone’s heard about the issues surrounding the Daytona Convention Hotel & Condo project. The General Contractor, W.G. Yates was kicked off the job earlier this month and work was halted while the owner, Photogroup, worked to replace them.

Construction as officially resumed on the job and www.constructiondive.com wrote an article which […]

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