Surety Blog

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 […]

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

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,

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%

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

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

By: Sarah O\’Linn If you’re a contractor watching the latest Hurricane Michael footage and forecasts, you’re probably praying for the safety of those affected by the hurricane\’s path. You also realize that you have a set of unique skills to help with recovery efforts. There are hundreds of billions of hurricane recovery dollars contracted out

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 information means larger

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