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Home » Blogs » Bonds, Insurance and Other Reasons Contractors Lose Sleep
Bonds, Insurance and Other Reasons Contractors Lose Sleep
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In the last three months, four clients called me about six situations that were causing them to lose sleep. Not surprisingly, in each case, with help from a recent NASBP document, we determined they needed legal advice from a construction attorney.
If you bond much of your work, you might want to read what the industry leaders have to say in ENR's Special Advertising Section, in ENR's June 24, 2013 edition.
There are contractors who don’t care about employment regulations. They ignore the regulations that distinguish an employee from an Independent Contractor. There are substantial efforts underway to stop the practice that costs all taxpayers.
Last minute bid approvals work best when the bonding team is ready, and it suggests other areas where teams must be ready ahead of time to work best for a construction company.
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