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Accountant May Be In Trouble Due to Misleading Audit

Below is a good article on how companies, including surety bond companies, rely upon proper accounting and representations.  In the case below, the accountant created a misleading audit, which they knew were misleading and which they knew the surety bond company...

Going Over the $2 Trillion Infrastructure Plan

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...

Labor Woes in Construction Aren’t Improving in 2021

2020 has come and gone. In 2020, there were plenty of layoffs across the US.  That said, the labor woes in construction were not resolved and many construction firms are struggling mightily to get more workers. See the article below on the labor woes in...

Panicking Your Surety Company by Not Billing Enough

This is a good article for our construction clients on why sureties are so focused on bid spreads and how much you bid as compared with your peers. Specifically, bidding too low.  Although it's great that you got the job, the surety will want to be sure that you...
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