Robert Murray's Articles

Surety Bonds, LOCs and Parental Guarantees: What’s the Difference?

To address the security need, owners and contractors can be faced with a choice between traditional surety bonds and letters of credit (LOC). Additionally, parental guarantees are often included as a supplement or substitute for the security. These alternatives have unique implications that should be considered by contractors and owners when choosing the best path.

 

Heartfelt Giving at Its Finest
As a member of the Jacksonville Beach, Fla., community for the past 11 years...

2017 Tech Predictions
When Star Trek™ debuted 50 years ago, who would have thought the technology...

A Diverse Workforce, Built on Merit
In this spotlight on entrepreneurship and diversity, Construction Executive...

Rigging Supplies: New Model Speeds Delivery and Selection
Frequently, purchasing rigging equipment is left to the last minute, either...

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