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	<title>Comments on: Stimulus Funds To Refund Surety Bond Premiums</title>
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	<link>http://www.jwsuretybonds.com/blog/stimulus-funds-to-refund-surety-bond-premiums</link>
	<description>General to specific surety bond information, as well as current events within the industry.</description>
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		<title>By: Jeff</title>
		<link>http://www.jwsuretybonds.com/blog/stimulus-funds-to-refund-surety-bond-premiums/comment-page-1#comment-1856</link>
		<dc:creator>Jeff</dc:creator>
		<pubDate>Thu, 18 Feb 2010 02:50:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.jwsuretybonds.com/blog/?p=836#comment-1856</guid>
		<description>I&#039;m a two year young construction business in California and have a couple of questions. 
 
1.  I am &quot;Self certified small disadvantaged&quot;.  Does that qualify me for DOT&#039;s small disadvantaged? 
 
2.  I, like other small, emerging companies, am looking for ways to increase my bonding capacity with little working capital (it&#039;s going back into the business for equipment, etc. while I&#039;m getting established).  One of the bloggers referenced some states forming working capital pools.  Does anyone know if this has been done in California?  If so, what are the particulars? 
 
Thanks for any assistance. </description>
		<content:encoded><![CDATA[<p>I&#39;m a two year young construction business in California and have a couple of questions. </p>
<p>1.  I am &quot;Self certified small disadvantaged&quot;.  Does that qualify me for DOT&#39;s small disadvantaged? </p>
<p>2.  I, like other small, emerging companies, am looking for ways to increase my bonding capacity with little working capital (it&#39;s going back into the business for equipment, etc. while I&#39;m getting established).  One of the bloggers referenced some states forming working capital pools.  Does anyone know if this has been done in California?  If so, what are the particulars? </p>
<p>Thanks for any assistance.</p>
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		<title>By: Michael Weisbrot</title>
		<link>http://www.jwsuretybonds.com/blog/stimulus-funds-to-refund-surety-bond-premiums/comment-page-1#comment-1197</link>
		<dc:creator>Michael Weisbrot</dc:creator>
		<pubDate>Tue, 15 Sep 2009 17:59:39 +0000</pubDate>
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		<description>Michael, 
 
You bring up some excellent points, but how does it help the contractor be more competitive if it is a reimbursement?  It certainly won&#039;t allow them to bid lower.  I&#039;m not sure many contractors (or agents) would have the foresight to make use of funds control for better bond programs.  Also, would the reimbursement really be enough in escrow to make a difference?  Surely the contractor would have to contribute further funds. 
 
I&#039;ve never dealt with contract surety much myself, so thank you for your input. </description>
		<content:encoded><![CDATA[<p>Michael, </p>
<p>You bring up some excellent points, but how does it help the contractor be more competitive if it is a reimbursement?  It certainly won&#039;t allow them to bid lower.  I&#039;m not sure many contractors (or agents) would have the foresight to make use of funds control for better bond programs.  Also, would the reimbursement really be enough in escrow to make a difference?  Surely the contractor would have to contribute further funds. </p>
<p>I&#039;ve never dealt with contract surety much myself, so thank you for your input.</p>
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		<title>By: Michael Weisbrot</title>
		<link>http://www.jwsuretybonds.com/blog/stimulus-funds-to-refund-surety-bond-premiums/comment-page-1#comment-1196</link>
		<dc:creator>Michael Weisbrot</dc:creator>
		<pubDate>Tue, 15 Sep 2009 17:55:23 +0000</pubDate>
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		<description>Our blog was down for maintenance, but appears to be back up and running now.  Sorry for the inconvenience!   </description>
		<content:encoded><![CDATA[<p>Our blog was down for maintenance, but appears to be back up and running now.  Sorry for the inconvenience!</p>
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