Items Tagged with 'surety bonds'

ARTICLES

Toronto Firm Gains Court Protection as Project Woes Mount

Scott Van Voorhis

April 24, 2019

No Comments

Industry default claims hit record high in Canada, records show

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

One Comment

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.

Risk Management

Surety Sues Louisiana School District Over Payment to Contractor

At issue is a payment by the district that surety says shouldn't have been made

Scott Van Voorhis

November 28, 2016

One Comment

The bond provider says the school district should not have made a payment to contractor after a default.

Construction Disputes

Hartford Stadium Controversy Still Unresolved

Team and city say they are relying on surety, but its role remains unclear

Scott Van Voorhis

September 20, 2016

No Comments

The conflict between the team and the stadium developer lands in a Connecticut court.

Risk Management

Surety Sector P3 Progress Report

How the surety industry sees public-private partnerships

Lenore Marema

August 10, 2016

No Comments

State lawmakers have been adopting P3 laws slowly and steadily for over a decade.

More Articles Tagged with 'surety bonds'

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ENR

April 22, 2019

Workers’ compensation experience ratings are widely misused as a proxy for safety. This report explores how they can cost bidders contract wins, although some owners and contractors are waking up to the problem.

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