Surety Blog

Surety Bond vs. Subguard

37f3cc06-9fe4-47ef-97e8-f1756345cf32

 

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 […]
2016-02-18T19:20:17-05:00February 18th, 2016|

2016 FTBA Construction Conference

FTBA Conference

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 […]

2016-02-11T14:14:10-05:00February 11th, 2016|

Orlando City Soccer’s Future Stadium

Soccer Stadium

We all heard the unfortunate news that the new Orlando City Soccer Club Stadium will now not be opening until 2017. Curious minds want to know what to expect with this long awaited soccer stadium! Well, in a recent arcticle from the Orlando Biz Journal, we […]

2016-01-21T20:39:29-05:00January 21st, 2016|

NASBP Surety School

Sarah NASBP

As part of our training program, we send our employees to take part of the National Association of Surety Bond Producers “NASBP” Surety School sessions. Level I is a good introduction into bonding and goes into detail the things that we train on in the […]

2015-12-28T21:53:24-05:00December 28th, 2015|

10 Tips for Negotiating Construction Contracts

hand press on business negotiation button on touch screen

Here is a link to a great article on the Construction Executive’s website. The article shares 10 tips on negotiating contracts.

  1. Understand the owner’s project performance requirements.
  2. Develop realistic cost estimates.
  3. Establish a realistic project schedule.
  4. Sell the project team.
  5. Pick risk allocation […]
2015-12-15T17:09:52-05:00December 15th, 2015|

Individual Surety Fraud – No More!

H

The National Defense Authorization Act, a new military spending bill which President Obama is expected to sign, includes Section 874; which upgrades the minimum standards for surety-bond assets. The section closes a gap in federal regulations by requiring that assets are real and placed in the […]

2015-12-02T20:53:44-05:00December 2nd, 2015|

Team Building Made Fun!

It’s always nice to get together out of the office and do something fun. When you can incorporate that into a team building event, it’s even better.

Collage for Blog

 

The Florida Surety Bonds team did their first ever team cooking class last week and had a blast! […]

2015-11-24T16:03:04-05:00November 24th, 2015|

Orlando
620 N. Wymore Road, Suite #200
Maitland, FL 32751
(407) 786-7770
(407) 786-7766 Fax
(888) 786-BOND (2663)
(888) 718-BOND (2663) Fax
click here for a map

Sign Up For Email Updates From Our Blog

Go to Top