Seven Construction Industry Firms That Not Only Survived, But Thrived, In 2020

Denise GillinUncategorized

By Kim Slowey for ConstructionDive By getting rid of wasteful practices, hiring new talent and meeting client needs, these firms came out ahead after a very difficult year. The U.S. business community overall has suffered a great deal during the coronavirus pandemic. Restaurants and retail establishments have shut down due to customers staying home during lockdowns or because of tight …

Construction Spending to Decline in 2021: AIA

Denise GillinUncategorized

By Gail Kalinoski for Commercial Property Executive Nonresidential construction is expected to decline by 5.7 percent this year, according to a consensus forecast from the American Institute of Architects. Sectors like hotels, office and amusement and recreation are being hit the hardest as the U.S. tries to slowly recover from the COVID-19 pandemic. Health care and public safety are the …

PPP Loan Portal Reopened for First- and Second-Draw Loan Applications

Denise GillinUncategorized

By Bernadette Kasnicki of Farrell Fritz, P.C. – Published January 19, 2021 Today the U.S. Department of the Treasury and the U.S. Small Business Association (“SBA”) have fully reopened the Paycheck Protection Program (“PPP”) loan portal to participating lenders to submit first- and second- draw loan applications. The Legislation The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venue Act …

Out with the Old, In with the New: An overview of Construction/Surety Industry Trends in 2020 – What We can Expect in 2021 and Beyond

Denise GillinUncategorized

By Lisa B. Andrzejewski, Dennis C. Cavanaugh, Niel P. Franzese, and Choity R. Khan of Robinson+Cole LLPPublished December 17, 2020 As 2020 comes to a much anticipated close and we approach the one-year anniversary of the start of the global COVID-19 pandemic, it is worth reflecting on the impacts the health crisis has had on the construction marketplace and surety industry and its likely lasting effects …

Fairness, Honesty and Common Sense for Your Bond Needs

Denise GillinUncategorized

For over fifteen years Construction Bonds, Inc., a division of Murray, has focused on delivering quality bonding services and care to our clients. Over time we’ve grown and expanded. We’ve changed our look and our name more than once, expanded our capabilities, added new locations and evolved in order to provide you with the highest level of service possible. Today …