The ABCs of Surety Bonds
What’s the difference between surety bonds and insurance? That’s a question I hear often, and it’s a good starting point for discussion. Knowing those differences ...
Wayne Messick, AFSB
Picture Day for Contractors
If there is one thing I learned in grade school, it is that some days are more important than others. Most notably, in the life of a grade schooler, picture day ...
Darrel Lamb, CPCU, AFSB
Construction Oriented CPAs Play Key Role for Contractor's Bonding Needs
We often hear contractors say that getting a job is the hard part – completing the project is the easy part. Many factors go into that, one of which is having ...
Scot Albrinck, AFSB
A Tale of Two Opportunities: Financing of Risk Through Subcontract Bonds
Last month I met with two contractors where subcontract bonds were a central topic. The first was a paper general contractor, meaning they administered the ...
Dan Pope
What Happens in Vegas .. Also Happens in New Mexico, Arizona, & Utah for ORSC’s Bond Manager — Sean Rummel
Sean takes us on his journey through the desert — but there’s nothing dry about his story. In 2013, Sean interviewed at Old Republic Surety in Atlanta, where he ...
Melissa Miller
Influencing (and Increasing) Your Bonding Capacity
Construction bond capacity matters — sometimes more than firms may realize. Simply put, bond capacity can either hold you back from the growth you’ve envisioned ...
Sean Rummel
Release of Retainage Bonds: A Tool That Can Provide A Benefit To The Contractor
I was holding an annual surety account meeting out on the golf course one day with the agent and the contractor. This contractor works primarily as a ...
Darrel Lamb, CPCU, AFSB
Can You Explain Your Bid Spread?
If you were to ask contractors what they like most about construction, they probably wouldn’t say, “I love preparing bids.” Most contractors love being on the job ...
Rich Sghiatti
Face-to-Face Meetings with Contractors Are Key
“Your word is your bond.” In no other line of work does this age-old phrase ring as true as in the surety business. We often talk about “the three c’s of credit” ...
John Estes, AFSB
Letter of Bondability – It Is Not The Prequalification Some Think It Is
You may refer to them as Good Guy Letters, Sunshine Letters or just a Contractor Letter of Bondability. These letters have been around a long time, and their ...
Darrel Lamb, CPCU, AFSB
