Everyone knows of the need for capital access when it comes to business development. What many don’t fully appreciate is the need for surety bonding capacity. What is a surety bond? It is a form of ...
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 bonds are credit-based guarantees that depend on a contractor’s financial strength, liquidity, and cash flow stability, directly impacting project capacity ESOP transactions reshape a company's ...
For most contractors working in the U.S., construction bonds are one of the major requirements they need to meet in order to even apply for a project. Still, they are often confused by these bonds, ...
MIAMI--(BUSINESS WIRE)--Ox Bonding introduced today a new program designed to put America’s contractors back to work: the Contractor Credit Program. The current economic environment is the toughest ...
When representing clients in negotiating and drafting construction agreements for private construction work, I am often asked: Should we require the contractor to provide a bond? This question doesn’t ...
Bond renewals beginning March 1, 2026 require contractors to maintain an active surety bond to stay compliant with New ...
Three local government agencies have banded together to create a new program to help small and diverse contractors in bidding and obtaining work on infrastructure development and other publicly funded ...