Commercial construction is a competitive business, and to succeed, contractors need to find the best support and advice possible. One way for a construction contracting company to ensure access to critical relationships needed for sound business advice and for qualifying for surety credit is to partner with a professional surety bond producer, according to experts at the National Association of …
The definition of a subcontractor, and why it matters
What is a subcontractor? The answer to this question seems obvious – a subcontractor is a contractor that contracts with the prime contractor to perform a scope of work on a construction project. However, it is not always easy to distinguish a subcontractor from a materials supplier (sometimes referred to as a “materialman”). That distinction is important in the context …
How to win construction bid proposals
Three simple steps to set your company apart from the competition. Everyone thinks the hard work in construction is in the actual building. But in fact, that’s the fun part – it’s what you signed up for when you first got involved in this industry. The real grind happens before a single shovel ever hits the dirt: the construction-bid-proposal process, …