Bonding wouldn’t be valuable if everyone could do it. Becoming bondable and having a competitive bond program, could set you apart from your competition. More opportunities More and more jobs are requiring that you provide a bond. If you aren’t bondable, you may miss out on a great opportunity. In Florida, all public construction projects [...]
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 standards for quality and timeliness. [...]
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 [...]
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 [...]
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, [...]
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% [...]
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 [...]
Hope everyone has a fun and safe Halloween!
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 [...]
By: Sarah O'Linn If you’re a contractor watching the latest Hurricane Michael footage and forecasts, you’re probably praying for the safety of those affected by the hurricane's path. You also realize that you have a set of unique skills to help with recovery efforts. There are hundreds of billions of hurricane recovery dollars contracted out [...]