logo
x

Contractor Work in Progress Report – An In-Depth Review

Work in Progress Reports are vital to surety bond underwriting. Without good reports, it is impossible to accurately predict where a contractor stands currently and forecast the company’s future. Unfortunately, many contractors and surety bond agents do not know how to read these reports or understand the importance of them. You can read an abbreviated […]

Surety Bonds and Payroll Protection Program

The Paycheck Protection Program has had a significant impact on contractors and their surety bonds. However, many contractors have questions about how this may affect their bonding by bringing on additional debt. Many good construction companies have been conditioned to avoid interest bearing debt when possible. However, the circumstances surrounding COVID-19 are extremely rare and […]