Below you'll find a list of all posts from 2022
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 …
Posted by Shayne Albine for OldRepublicSurety We often get questions about financial statements and why they are important to the bond underwriting process. Underwriters will generally ask for several key financial documents, including a balance sheet and an income statement. These financials help us determine the liquidity of a business and its ability to generate income. A balance sheet indicates …
By Kim Slowey for The Construction Broadsheet One of the big selling points of the recently passed, $1.2 trillion Infrastructure Investment and Jobs Act was that it would create opportunities in the construction industry. The IIJA includes approximately $550 billion of new spending, including $110 billion for roads and bridges, $66 billion for railroads, $65 billion for power grid upgrades, …
