ORSC Blog

How Do I Increase My Bonding Capacity? We are often asked by agents and contractors about how they would go about increasing their bond capacity.  The amount of things a contractor can do to accomplish ...
Consider These 4 Questions When Hiring a Subcontractor If you’re a general contractor, you know the right subcontractors can mean the difference between a smooth job and a million headaches. While a surety company ...
Adventures of a Corporate Climb: Meet ORSC’s Bond Manager — Scot Albrinck Everybody has an Everest — a grandiose goal — Scot gives us a sneak peek (or perhaps we should  say peak) into his. Staring the mountain in the face A few years ...
What to Expect - The New Revenue Recognition Standard In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (“Topic ...
Personal Indemnity: ‘What? You Want My Spouse to Sign?’ We often get questions about the indemnity part of surety, especially regarding spousal indemnity. Contractors often understand the need to obtain a surety bond ...
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 ...
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 ...
How Sketches Become Skylines: Meet ORSC’s Contract Bond Underwriter — Robbie Kiernan Robbie gets specific about life in the North Pacific, taking us from the drawing board to the construction site. The Prologue Every city is one with dreams built ...
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 ...
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 ...

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