What can be gleaned from 2018’s highest-profile construction bankruptcies?

Denise GillinUncategorized

Bankruptcy is many contractors’ worst nightmare. For some companies, it’s a public declaration that it was not able to handle its business dealings successfully, and that it can’t pay its bills. In any industry, including construction, maintaining a reputation as solid and trustworthy is critical, and to onlookers, a bankruptcy filing – whether it’s liquidation or reorganization – could very …

Shutdown Affects Some, But Not All Infrastructure Programs

Denise GillinUncategorized

The partial shutdown of the federal government, which is nearing the end of its second week, will have an effect on some federal construction programs – especially those under the Federal Transit Administration – but other major infrastructure accounts, particularly highways, will continue with little change. Tell Me More >>>

CBI Named In SBA Top 10 Performing Bond Agencies

Denise GillinUncategorized

Construction Bonds, Inc. is honored to be listed among the U.S. Small Business Administration’s (SBA) top performing bond agencies for FY2018! The SBA announces its most active surety companies and bond agencies every year. The standing of each agent is determined by the number of bond guarantees they wrote through the Surety Bond Guarantee (SBG) program. The mission of the …