Posts Tagged 'Surety'

We are pleased to present below all posts tagged with 'Surety'. If you still can't find what you are looking for, try using the search box.

The Legal Pitfalls of Guaranteeing Bonds for Another Contractor

In today’s tight construction market, larger contractors may be tempted to guarantee bonds for smaller contractors under a joint venture or other surety support agreement that compensates the larger contractor and enables the smaller contractor to provide the required bond for a public works or large non-public project. Larger contractors should avoid this type of business deal altogether. But if the temptation is too great to resist, following are some legal safeguards the larger contractor can contractually require to lessen (although not eliminate) the risk of guaranteeing bonds for another contractor.

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Industry Changes Push AEC Firms Toward Proactive Recruitment
When it comes to recruitment, the AEC industry is grappling with an already...

Gauging the Swing of the Republican Pendulum
As suddenly as the window of opportunity blew open for Republicans by the winds...

Q: What does it mean for your company to be employee-owned?
Employee ownership allows Choate to share long-term success with our employees...

Service Above Self
Two years ago, Gary Neal—an engineer and project manager with MEC Contractors...

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