Surety Blog

iBuild Central Florida – “I Build The Future”

It’s nothing new to hear that skilled construction tradespeople are in short supply. There is a major need for construction workers on all levels but not nearly enough skilled workers to fill that need. In 2017 there were 46,600 Florida Construction Firms hiring and there are 1.1 million construction workers needed […]

2019-07-10T15:38:50-04:00July 10th, 2019|

CHANGES ARE COMING – WHAT YOU NEED TO KNOW TO MEET FLORIDA’S NEW PRIVATE PROJECT PAYMENT BOND CLAIM REQUIREMENTS

Jimerson Birr Law Firm (www.jimersonfirm.com) had a great article on their blog regarding upcoming changes to Florida’s Private Project Payment Bond Claim Requirements.

According to the article “All Florida construction industry participants need to be aware of the significant new changes to the payment bond claim requirements on private projects […]

2019-07-03T15:08:30-04:00July 3rd, 2019|

How Contractors Win the Trust of Surety Companies

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 […]

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

Now Is The Time!

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 […]

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

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

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 […]

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

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

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, […]

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

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

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% […]

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

Zoi House – Tallest Building in Orlando, Coming Soon!

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 […]

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

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