Construction Company Do’s and Don’ts of Smart Contract Bidding
Placing a bid on a public construction project comes with a host of risks for both contractors and public entities. A surety bond is an essential risk management ...
Contractor Materials Shortages and Materials Price Inflation
We all know well that the availability and prices of many of the materials used by construction contractors have been affected dramatically since the start of the ...
It’s Not Just About Rates. It’s About Valuable Service
In today’s world, we are surrounded by advertisements. And whatever the product is, advertising consistently drives price to hook new customers. But is that the ...
4 Things You Didn’t Know About Surety
Darrel Lamb, Old Republic Surety regional vice president, wrote a great blog post a while back, “7 Things You Didn’t Know about Surety.” Darrel hit the mark with ...
How the Cost of a Contract Bond Is Determined
What goes into determining the cost of a contract bond? Here is a basic introduction.
Translating the Top 5 Most Cringe Worthy Surety Conversations
As bond managers, we always look for ways to help our agents, contractors and project owners better understand surety. It can be a pretty arcane subject, and not ...
Old Republic Surety Goes Beyond the Numbers to Write an $18 Million Bond
Not every surety decision is strictly by the numbers. CCABH Ebensburg is the story of a dedicated owner who wanted the best construction company for the job and a ...
Do I Need to Increase My Bank Line of Credit?
You’re bidding on a new project, and the surety company says you need to increase your bank line of credit. Why, you may ask, do I need so much credit when I’ve ...
How to Get Your First Bond, Part 2
Are you ready for your first surety bond? In Part 2 of this two-part blog, Mueller provides additional advice. Be sure to read Part 1 here. In my first blog on ...
How to Get Your First Bond, Part 1
This is Part 1 of a two-part article on acquiring your first bond. Be sure to read Part 2 of Mueller’s advice for acquiring your first bond. Are you ready for ...
