To many electrical contractors, surety bonds — and those who provide them — are a necessary evil. That view may even have hardened a bit in recent years as surviving sureties have ratcheted up their ...

Placing concrete requires specialized skills and equipment. The licensing requirements for concrete contractors vary from state to state. In some states, concrete contractors need a specific license ...

Surety capacity was increasing at the start of 2012, says Marsh Inc., the big brokerage. Driven by new and expanded surety underwriting firms, new underwriting approaches and increased limits from ...

Construction is a risky business, which is why the Associated General Contractors of America estimates that half of all construction firms operating today will be out of business six years from now.

Over the last 10 years, Ocean Construction in Marmora has worked on more than 100 federal construction jobs. Its specialty is National Historic Landmarks — things like roofing at Washington’s ...

Warren City Council will consider two pieces of legislation on Wednesday aimed at tightening regulations for building ...

In the heating and plumbing industry, licensed professionals are often required to post a surety bond. This state or local requirement ensures that customers working with heating and plumbing ...

Is a contractor that has been caught submitting a fraudulent surety bond and being cheated out of the premium capable of obtaining surety credit from licensed brokers and Treasury-listed sureties? In ...

There are certain government construction contracts that Danny Osborn would love to pursue. The vice president of Albuquerque general contractor BroCon sometimes feels hindered by a surety bond ...

California Contractor Bond & Insurance Services, a surety and insurance service provider based in San Diego, CA, is now offering reduced license bond rates for contractors with bad credit. As an ...