Surety Blog

Per the Local 10 Miami News, five companies have finally been collectively fined for more than $86,000. \”The U.S. Department of Labor\’s Occupational Safety and Health Administration fined multiple contractors Friday for safety violations after one employee died and five other employees sustained serious injuries when a pedestrian bridge at Florida International University\’s main campus collapsed. […]

According to an article on roadsbridges.com, some feel P3\’s still have a bright future with public owners and in the private sector. It\’s an interesting arcticle, so I wanted to share. \”Ask someone about the industry’s adoption of public-private partnerships (P3s), and they may describe it as slow. But is it really? Or is it

Effective October 1, 2018, the Small Business Administration\’s Surety Bond Guarantee (SBG) program will cut the contractor\’s fee for surety bond guarantees from $7.29 per $1,000, to $6.00 per $1,000. Many small and emerging contractors rely on the SBA to gain access to surety credit, and since the SBA fee is paid on top of

From our team to yours, we hope you have a relaxing and wonderful Labor Day weekend! Our office will be closed on Monday in observance of the holiday. We will resume normal business hours on Tuesday, 9/4.

Per the Orlando Business Journal, three of downtown Orlando\’s most prominent buildings are getting a facelift in a high-profile renovation project in the central business district. \”San Diego-based Southwest Value Partners, downtown Orlando\’s largest office landlord, is rolling out a series of multimillion-dollar renovations to the Bank of America Center, the Citrus Center and the

The OBJ provided some great details on the future KMPG Training Center being built at Lake Nona. Per the article \”The titanic KMPG Learning, Development & Innovation Center at Lake Nona — spreading out over 55 acres — already towers above the tree line despite still being built in the fast-growing southeast Orlando community. The

The Orlando Sentinel broke the news last week – The Ultimate I-4 job is officially behind schedule and well over budget. So far it\’s been determined that the project is 8 months behind with a new expected completion time of early 2021 and $100 million over the original $2.3 billion budget, according to a recent

Per an article on www.bizjournals.com \”Employment in Central Florida’s construction industry has ballooned to a size that hasn’t been seen in a decade despite a slowdown in construction starts. The Orlando-Kissimmee-Sanford area employed about 79,000 people in the construction industry in May — a benchmark that hasn’t been reached since December 2007, according to recent

The Orlando Business Journal just released a list of Central Florida\’s Top General Contractors and Construction Managers, ranked by value of 2017 Central Forida projects breaking ground. 1. Hensel Phelps – $1.4 billion 2. Turner – $1.33 billion 3. Kiewit Southern Corp – $1.31 billion 4. DRP Construction – $473.8 million 5. Brasfield & Corrie