There is a justice center in Doylestown, PA bidding on November 18th, 2010 that will total in value approximately $50 million. I attended a mandatory pre-bid meeting about two weeks ago on this job. It looks like a great project, but unfortunately, I do not have the bonding capacity to propose on this project alone. I’m […]
October 2010
Written By: John Poole on October 14, 2010
5 Comments
Written By: Danielle Rodabaugh on October 3, 2010
15 Comments
New contractors have a lot of matters to anticipate when entering the construction industry for the first time. One important consideration that sometimes slips through the cracks is the use of surety bonds. Unfortunately, new contractors are often unfamiliar with the bonding process, which includes undergoing finance and credit checks, providing upfront collateral, and paying […]