Surety Blog

A Bill That Would Change Local Preference on Government Contracts Is Moving Forward

A Bill that aspires to end favoritism for local contractors bidding on state-funded construction jobs has advanced further in the Legislature this year than any other time in the past. Currently, cities and counties in Florida may rank local contractors slightly higher in the bidding process than companies with no local presence. Under the legislation […]

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Train car designer hired for the Orlando Airport to International Drive rail

According to a recent article in the Orlando Business Journal, American Maglev Technology has laid the groundwork to get its first two magnetic-levitation passenger trains by summer 2016. Michigan based engineering consultant, Ricardo Plc signed a long-term agreement with Maglev to handle the design, engineering and integration of the trains and force system. The system

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Florida May Soon Reduce Statute of Repose For Construction-Related Claims to 7 Years

On January 22, 2015, Representative Jay Fant introduced House Bill 501, a bill aimed at reducing the current statute of repose for construction-related claims from 10 years to 7 years. Florida’s statute of limitations and statute of repose for claims “founded on the design, planning, or construction of an improvement to real property” are found at

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Get Ready, Orlando – A Skyscraper Rollercoaster Is On The Way!

The tallest roller coaster in the world is coming to Orlando. The $300 million Skyplex; an indoor entertainment complex on International Drive, will soon be home to the world’s tallest rollercoaster.  At 570 feet, the Skyplex’s anchor attraction, the Skyscraper, will be taller than the tallest building in downtown Orlando.  It will be taller than the

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Feds Crack Down on Widespread Construction Tax Evasion Scheme in Florida

The federal government is partnering with the state of Florida to rout out contractors who are participating in a worker misclassification scheme. By classifying permanent employees as independent contractors, companies have been avoiding withholding income tax or filing payroll taxes for these workers.  These contractors also gain an unfair advantage of 20% or more in

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Bonding Workshops

Kim and Cheryl have been doing bonding workshops all over the state. The goal of their presentation is to educate and clear up some common misconceptions of bonding. Most recently, they were invited to speak at a government-to-business workshop put on by the Procurement Officials of Lake County. The Procurement Officials are a group of public sector

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