Surety Blog

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|

Contractor Fired From Daytona Beach Convention Hotel Project

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 […]

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

Three Levels of Bonding

1. CREDIT BASED “Quick” Applications (up to $500,000) Application Only, No Financials!

2. SMALL CONTRACT ($500,000 – $1,500,000) Application + Corporate Inhouse Financials, Personal Financial Statements and Tax Returns.

3. STANDARD (Over $1,500,000) Full File…. Application + Qualifying CPA Prepared Financial Statements, Personal Financial Statements, etc. This is the most competitive. More […]

2018-10-08T15:09:47-04:00October 8th, 2018|

Associated Builders & Contractors Construction Expo

Another year, another great Expo. The expo theme this year was music…genres, eras, banks, songs, albums, etc. Of course, we are a bonding agency, so we had to go with the James BOND theme songs…the Florida Surety “Bond Girls” had a great time decorating our booth and serving our non-martini dirty martinis (aka Pinot Grigio […]

2018-10-02T18:54:24-04:00October 2nd, 2018|

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
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