Below you'll find a list of all posts from 2017
The U.S. Small Business Administration announced its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. Construction Bonds, Inc. (CBI) was named one of the top 10 performing bond agencies for 2017. The standing was determined by the number of bonds written through the SBG Program. …
Before the devastation of California’s fires and Hurricanes Harvey and Irma, a key segment of the economy, the construction industry, was struggling with a worker shortage. Now the 1-2-3 punch of natural disasters near major metropolitan areas is expected to make building projects even more time consuming and expensive. Tell me more >>>
Liberty Mutual has agreed to pay all cost overruns associated with delays in the completion of Clearfield Municipal Authority’s new waste water treatment plant, announced CMA Engineer Jim Balliet of Gwin. Dobson & Foreman. In May 2014 CMA began a $35 million project to construct its waste water treatment plant. But in early 2015, the original contractor, NVP of Jeanette, …
Business owners are often aware that there are special opportunities available to businesses owned by women, minorities, veterans and certain other groups. However, it is sometimes unclear exactly what those opportunities are, who affords them and who is eligible. The answers to these questions can vary. Generally, many government agencies have developed programming aimed at removing marketplace barriers for businesses …
An insurance agent from Lackawanna County charged in July with defrauding three clients in Susquehanna County was arrested Thursday on violations involving three additional firms in Luzerne County, authorities said. Tell me more >>>
The deal was supposed to be simple: The City of Dearborn would sell a vacant piece of property on Michigan Avenue to a company called Homesite Investments for $30,000, and Homesite would build a half-million-dollar development with a restaurant, tea shop and lofts. Read what happened >>>
Medicare has long been plagued with overpaying providers, and one of the primary duties of program integrity contractors is to collect the overpayments and return them to Medicare. However, this may not be happening, as evidenced by a recent report from the Health and Human Services Office of Inspector General. Tell me more >>>
Tax bills for most small construction companies would fall under a broad tax-reform outline unveiled on Sept. 27 by the Trump administration and congressional Republicans. The proposal calls for cutting the corporate tax rate to 20% from 35%. Perhaps most important for small construction firms, the tax rate for pass-through businesses would be limited to 25%. Pass-through entities, such as …
Nowadays credit scores are important in countless instances. Applying for a mortgage, getting insurance or obtaining a surety bond for your business are all instances where a higher credit score is beneficial. Which is why you will probably find the below information good news. Read more here >>>
Senate Democrats, emboldened by the GOP’s failure to unilaterally pass a health-care bill, are launching an effort to win bipartisan support for the investment of $500 billion in taxpayer dollars in infrastructure improvements. Tell me more >>>
