Surety Blog

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 under section 713.23, Florida Statutes,

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

WHY? What value does becoming bondable bring to my company? Why is it important to be aligned with a bond specialist?

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

WHY? What value does becoming bondable bring to my company? Why is it important to be aligned with a bond specialist? Read More »

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

Now Is The Time! Read More »

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,

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

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%

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