Executive Insights

  Eighteen surety experts offer advice on how contractors can take their bonding capacity to the next level, how character impacts bondability, the cash management techniques contractors should employ to be successful as the economy recovers, and the bonding implications as the government promotes joint ventures as a way for small businesses to participate in federal projects.


The Need Is Obvious; The Political Will Is Not

P3s are the only conceivable financial solution to America’s infrastructure deficits.  

Fighting Hunger One Can at a Time

In the past five years, Dixon Hughes Goodman (DHG), a public accounting firm with more than 2,000 employees in 12 states, has donated nearly 3.8 million pounds of food to hunger relief organizations through its Count the Cans initiative. This year alone, the firm donated 593,464 pounds of food and 12,020 pounds of pet food. 

The Impact of Succession Planning on the Surety Relationship

When evaluating a succession plan from the perspective of the surety, executives should focus on maintaining technical and operational excellence, surety relationships, projected cash flows and its strong financial position.

Beyond the Basics: Three Overlooked Bonds to Keep Projects on Task and on Target

There are numerous types of bonds to consider depending on the size and scope of a project. Don't forget about wage and welfare bonds, transactional commercial surety bonds and subdivision/completion bonds.

An Overly Soft Credit Environment Can Adversely Affect Small Contractors

Fast bond products or “quick issue” bonds have sped up the process of obtaining a bond for smaller projects. Quick turnaround and minimal underwriting—sometimes solely based on credit score—allow for speedy answers when time is of the essence. That’s the upside. The downside of this softer credit-based underwriting is that the relationship-building and counseling process can suffer. 

A Heavy Lift

Strategic planning is the name of the game for port authorities. Across the United States, long-range investments are earmarked for new or expanded terminals, berths, piers, storage buildings and cranes; plus dredging, facility rehabilitations, security upgrades, and related transit infrastructure and warehouses. 

Polyurea Fills the Need for Fast Turnaround, Durable Concrete Control Joints

  From warehouses to retail and grocery stores, polyurea is outperforming traditional epoxy, silicone and polyurethane materials to fill and seal concrete slab control joints.

A Strategic Approach to Capturing the Senses

What's exciting about building sensorial strategy into design at the outset is that clients can be proactive, rather than reactive, and ensure that the physical environment is aligned with how they want their customers to experience the space on all levels. 

Three Onerous Contract Provisions to Avoid

Contractors must carefully read and study contracts before signing them. While this may seem obvious, it is surprising how often project participants sign agreements containing clauses that a party did not read, did not understand or did not take seriously.

 

A Tip of the 'HAT'
When Michelle Jones, an instrumentation engineer with Hargrove Engineers + ...

Building a Relationship-Based Career
When Brooke Wenger started at Triad Engineering, Inc., Hagerstown, Md., as a...

Equip Construction Managers to Minimize Safety Risks
Construction managers help shoulder the responsibility of safety, ensuring the...

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