Below is a good article on the infrastructure plan. As you know, the current proposal is massive. This size includes giving something to everyone, which makes it risky. Most of our bond clients are for construction - surety bonds (whether it be construction...
Below is a great article on contractor insolvency and how to plan for this contingency. Of course, we are biased towards using a performance bond in lieu of guarantees. The biggest reason is that it puts a third party - a SOLVENT third party - into the contract....
We have seen an increase in business lately as more and more construction firms are needing surety bonds. They are needing more bonds simply because there is more business. That business is being distributed among fewer firms, which helps lead to an increase in...
Below is a great article on sale leaseback transactions and the trouble that they can bring. What the article goes through is that of performance bond in construction, and how the Fresno school district got caught up in a sale leaseback system and the ensuing...