Can Government Spending Keep Construction Up?

Nina ConnerNews

Posted by OldRepublicSurety As 2023’s economic landscape materializes, it may be valuable to take a quick look back at 2021’s infrastructure funding bill and the implications for surety producers. Dan Pope, Senior Vice President of Underwriting at Old Republic Surety, gave a concise review of the $1.2 trillion package in a Rough Notes article that’s worth a second look as we …

Build More Secure Payment Guarantees at Every Tier of a Project

Nina ConnerNews

Posted by OldRepublicSurety Dan Pope, Senior Vice President, Old Republic Surety, offers key considerations for preventing payment-guarantee gaps, in his blog “Mind the Gap: Start Early to Guarantee Payment to Subcontractors” on the website of the Construction Financial Management Association. There are numerous reasons why construction payments could get delayed across the various tiers of a construction project. Regardless, the …