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By Julie Strupp for ConstructionDive.com The project has attracted national attention as it is one of the first of its kind to rely on private funding. Unfortunately the line has been plagued with delays and lawsuits, and the initial contractor quit the public-private partnership (P3) last September following disputes with the state over who should pay for the nearly $800 million in cost …

By Jennifer Goodman for ConstructionDive Clark Construction Group has launched a small business initiative designed to expand opportunities for disadvantaged construction firms, even on projects where inclusion goals are not mandated. The SDBE15 program is designed to foster greater participation by small, disadvantaged-, minority- and women-owned businesses on Clark’s construction projects nationwide, according to a press release. Through the program, …

By Erik Mueller for Old Republic Surety Start the process early To ensure timely approval, begin the submission process well before the date you need the bond. A good rule of thumb is to allow 30 days for the process to be completed; if you can start earlier, so much the better. Allowing at least 30 days provides the underwriter …

Posted by Erik Mueller for Old Republic Surety Maybe you’re bidding on your first public project, or the financiers of a private job require a bond. You may have previously qualified for a Fast Bond program, which is available for small projects, but now you’ve graduated to standard contract bonds. You’re probably a bit anxious about going through a full underwriting process. But …