Below you'll find a list of all posts from February, 2022
Posted by Mike Sanders, AFSB for Old Republic Surety The agent you select for your surety bonds has a tremendous impact on your ability to get a project bond approved. Bond producers are key partners in getting that first bond written as well as in growing your business over time as you go after larger projects. It’s important to choose …
By Thomas A. Littlefield for Old Republic Surety When a construction project is delayed, damage claims can result, and fingers are quickly pointed at the contractor to be held accountable for these damages. Planning for all the potential delays that can affect a project is not easy ― especially in the today’s unpredictable pandemic environment with its supply chain shortages, …
Posted by Darrel Lamb, CPCU, AFSB, for OldRepublicSurety A few years ago one of my contractor clients wanted to bid a $24mm project. The project was about three times bigger than anything they had built to date, but the project made a lot of sense to them and after hearing the plan, it made sense to me, as a representative …
By Rich Sghiatti for Old Republic Surety It’s been a topsy-turvy period for contractors, but one thing I stressed back in November hasn’t changed: Project managers need to have a backup plan. That’s a given, regardless of the times, but it’s been especially critical during the pandemic, when uncertainty has been the operative word. Smart managers must assume there will …
