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WASHINGTON, Nov. 7, 2017 /PRNewswire-USNewswire/ — The U.S. Small Business Administration announced today its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. “FY2017 yielded impressive numbers that would not have been possible without our top performing surety partners and bond agencies,” said Peter Gibbs, Acting …
The people behind the scenes of Palm Beach County’s Ballpark of the Palm Beaches say they’re not getting paid. The $152 million ballpark has become the Florida home to the World Series winning Houston Astros and the Washington Nationals. Read more here >>>
The high-risk intersection of skill level and safe operations is traditionally a “proceed-with-caution” zone in the construction industry. It presents the greatest peril when owners and contractors are pressed to hire earnest but unskilled workers to bridge the gap between the current workforce and the staffing levels they need to meet demand. Tell me more >>>
The U.S. commercial (non-residential) construction market outlook for the remainder of 2017 and through 2018 is expected to grow in the 4% range, according to the AIA Consensus Construction Forecast panel. This is slightly below its previous forecasts of 5-7% entering 2017. There are factors that could add tailwind to growth estimates, which include tax reform, financial deregulation, and a …
The U.S. Small Business Administration announced its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. Construction Bonds, Inc. (CBI) was named one of the top 10 performing bond agencies for 2017. The standing was determined by the number of bonds written through the SBG Program. …
Before the devastation of California’s fires and Hurricanes Harvey and Irma, a key segment of the economy, the construction industry, was struggling with a worker shortage. Now the 1-2-3 punch of natural disasters near major metropolitan areas is expected to make building projects even more time consuming and expensive. Tell me more >>>
Liberty Mutual has agreed to pay all cost overruns associated with delays in the completion of Clearfield Municipal Authority’s new waste water treatment plant, announced CMA Engineer Jim Balliet of Gwin. Dobson & Foreman. In May 2014 CMA began a $35 million project to construct its waste water treatment plant. But in early 2015, the original contractor, NVP of Jeanette, …
Business owners are often aware that there are special opportunities available to businesses owned by women, minorities, veterans and certain other groups. However, it is sometimes unclear exactly what those opportunities are, who affords them and who is eligible. The answers to these questions can vary. Generally, many government agencies have developed programming aimed at removing marketplace barriers for businesses …
An insurance agent from Lackawanna County charged in July with defrauding three clients in Susquehanna County was arrested Thursday on violations involving three additional firms in Luzerne County, authorities said. Tell me more >>>
The deal was supposed to be simple: The City of Dearborn would sell a vacant piece of property on Michigan Avenue to a company called Homesite Investments for $30,000, and Homesite would build a half-million-dollar development with a restaurant, tea shop and lofts. Read what happened >>>
