Blog
The Fourth “C” by George Frieh
The bedrock of surety underwriting has always been the three “C’s”. Character, Capital, and Capacity. We believe there should be a fourth “C”…..Construction. Emphasis has always been placed on the “C” known as capital. The financial ability to successfully...
Understanding the Nevada Residential Improvement Bond: A Comprehensive Guide
In Nevada, residential improvement projects are subject to regulations aimed at protecting homeowners and ensuring that contractors fulfill their obligations. One crucial aspect of this regulatory framework is the Nevada Residential Improvement Bond. This article...
Emerging Trends in Recent Surety Bond Claims: A Comprehensive Analysis
Surety bonds play a crucial role in various industries, ensuring that contractual obligations are fulfilled and providing financial security in case of default. Recent years have witnessed a dynamic landscape in surety bond claims, influenced by economic shifts,...
Old Company/New Company Ownership Transitions by Joe Clarken
Given the recent trends in ownership transition of construction companies from one generation of owners to the next being dominated by private equity sales and ESOPs, many companies who rely heavily on bond support are often still best served by using a much more...
Understanding Release of Lien Bonds in Arizona by Joe Clarken
When it comes to construction projects, one common issue that often arises is the placing of a lien on a property. A lien is a legal claim placed on a property by a contractor or subcontractor who has not been paid for work performed. In Arizona, there are specific...
Tips for Maximizing Your Bondability by Joe Clarken
People frequently ask “How do I get bonded.” To provide some basic advice about the things that you can control, we offer the following: Keep Personal Credit Clean One variable evaluated by bond underwriters is the personal credit history of the owners of the...
DocuSign Delivery of Bonds, Constructors Bonding First to Market
Constructors Bonding First to Market with DocuSign Delivery of Bonds. Constructors Bonding, Inc. has announced successful negotiations with leading sureties for the execution of bonds via DocuSign; allowing for immediate transmission of bonds to all interested parties...
BREAKING NEWS! Step-by-Step Guidance for Small Business Contractors // Small Business Loan
Your partners at Constructors Bonding, Inc. would like to share some information regarding the NEW Small Business Administration loan program know as the Paycheck Protection Program. As a reminder, last week Congress approved a $2 Trillion legislative package (CARES...
Constructors Bonding Message Regarding COVID-19
"Thank you for trusting Constructors Bonding, Inc. for your surety needs! We are all well aware of the massive changes in life arising daily due to the pandemic of Covid-19. While many of us have differing opinions about the dangers presented by the virus we all must...
