Items Tagged with 'surety bonds'

ARTICLES

Surety Guarantees

Report: Bonds on Big Projects Often Fall Short of Full Contract Value

Scott Van Voorhis

July 24, 2019

No Comments

Why owners of large, complex design-build projects are taking on more risk.

Guarantees

Surety Bond Producers Keep Eye Out For Illegal Waivers

A report from the annual convention of surety brokers and agents

Richard Korman

April 24, 2019

One Comment

Comment letters go out from time to time about laws and rules requiring bonds on state and local projects.

Toronto Contractor Bondfield Wins Court Protection as Project Woes Mount

Scott Van Voorhis

April 24, 2019

No Comments

Industry default claims hit record high in Canada, records show.

Surety Bonds and Risk Management

Ten Minutes With Travelers' Gregg Lyon

The strategy chief for surety construction services talks about having the right people to prevent failures

Richard Korman

January 18, 2019

No Comments

Why one bad decision or project can take a company down.

Construction Risk

Surety Disputes AECOM Hunt's Claim on Austin Hotel Subcontractor Default

Partial termination and proper notice is contested

Scott Van Voorhis

November 27, 2018

No Comments

An unusual countersuit by a surety is dismissed by a Texas judge.

Construction Contracts

SBA Cuts Surety Guarantee Fees, for One Year

Tom Ichniowski

September 6, 2018

No Comments

Reductions, which start Oct. 1, bring fees back to their 2006 levels.

Construction Surety

Ten Minutes With Marsh's David Hewett

Marsh's chief of U.S. surety talks about the economy, defaults and accounting changes

March 2, 2018

No Comments

A question-and-answer session with the big broker's chief of U.S. surety.

Contracting

SBA Institutes Changes in Surety-Bond Guarantee Program

Actions have support from industry organizations

Tom Ichniowski

September 16, 2017

No Comments

New provisions, effective Sept. 20, include increase in losses SBA will cover under its preferred surety bond program.

Individual Surety Fraud: The Damage is Lasting

July 26, 2017

2 Comments

Last month, a federal jury in North Carolina convicted a longtime individual-surety con artist, Dennis Lyon, who received a long prison term for fraud.

Risk Management

How to Control Potential Construction Surety Claims

Why surety manager Monica Donatelli keeps the line open to Crossland Construction's Maurice Harley

Richard Korman

May 2, 2017

No Comments

What a surety bond producer and big contractor do to keep a lid on claims trouble.

More Articles Tagged with 'surety bonds'

ENR

Nov 18, 2019

The U.S. Dept. of Transportation has awarded about $900 million in the latest round of its much-sought BUILD grants, dividing the funds among 55 projects in 35 states.

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