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The Surety Bond Blog

Category Archives: Contract Bonds

Articles on all contract bond types including performance bonds, bid bonds, subdivision bonds, etc.

01
Jul
2014

Over $20 billion needed for Water Infrastructure Projects. Corps Chief Calls for Private Investment.

Photo credit: The U.S. Army / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0)   The U.S. Army Corp of Engineers have set out to repair the country’s water infrastructure and are calling for private-sector investments. According to the head of the Corps of Engineers, Lt. Gen. Thomas Bostick, the federal government simply read more »




27
Jun
2014

Can Our Homes Run on Solar Power?

Photo credit: david.nikonvscanon / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0)   Can our homes be power-generated entirely by sun power? This is what two companies are in the midst of finding out, with their first experiment already running. The solar manufacturer, SunPower Corp and building company, KB Home have already created read more »




17
Jun
2014

Number of Women in Construction Stays Unchanged for Three Decades

A report by the National Women’s Law Center reveals that the number of women employed in the construction industry in the U.S. has not changed much for the last thirty years. Women currently comprise just 2.6% of the industry’s workforce. Out of the 206,000 women employed in construction, 2% are Caucasian, while just 0.4 %t of read more »




17
Mar
2014

AGC’s 95th Annual Convention Addresses Two Issues for Contractors

The Associated General Contractors of America (AGC) held their 95th annual conference (March 4 – 8) in Las Vegas and gathered close to 2,800 attendees. While the general mood of the convention was optimistic, the Association addressed two serious issues for contractors: the lack of skilled workers and the declining infrastructure funds. According to Ken read more »




26
Feb
2014

How Do Bonds Work?

How do bonds work? This is a vague question that can be referring to many unrelated bond types. However, if you’re looking for a guide on how surety bonds such as license and permit, contract and court bonds work, or are looking for an explanation of how fidelity bond insurance works, you have come to read more »




18
Feb
2014

What Does It Mean To Be Bonded?

“Bonded”, “licensed and bonded”, and “bonded and insured” are all phrases you might see on the side of a contractor’s truck or on an auto dealer’s billboard. Business owners use these phrases for a marketing advantage over their competitors to show they are safe to do business with, but they all don’t necessarily mean the read more »