Graduation: Hampton Roads Bridge Tunnel Education Program

Denise Gillin Uncategorized

Construction Bonds, Inc. (CBI) a division of Murray attended the Hampton Roads Bridge Tunnel Education Program graduation at Suffolk, VA. This is the start of a new beginning for most of the small businesses that attended. CBI is honored to play a part in educating the participants about the bonding process. Congratulations to each one! Follow Nebiyou (Neb) Aynu on …

CBI at Prince George’s County Public Schools

Denise Gillin Uncategorized

Construction Bonds, Inc. (CBI) exhibited at the Prince George’s County Public Schools $30 Million P3 Construction Project Meet and Greet workshop. Emerging minority contractors had the opportunity to learn more about the upcoming six to eight new public school construction projects with the P3 partnership program and to meet one-on-one with the prime contractors that have the projects to give …

Hampton Roads Bridge Tunnel Project

Denise Gillin Uncategorized

Joshua Etemadi and Edin Zukanovic had a great time in Suffolk, VA presenting on bonding for the Hampton Roads Bridge Tunnel Project. Follow Josh and Edin LinkedIn for more information. #bonding #HamptonRoads #construction #dbe

Zaxby’s Announces Sept. 16 Grand Opening In Loudoun

Denise Gillin Uncategorized

Zaxby’s in the South Riding area has announced their grand opening will be Monday September 16! This is the first Zaxby’s in the DC market. Get all the details here. CBI congratulates Zaxby’s on their successful launch in the DC area! It’s an honor to be a part of this exciting venture.

CBI Presents Bonding Workshop

Denise Gillin Uncategorized

Edin Zukanovic (pictured on right), Bond Agent, Construction Bonds, Inc., presented at the Virginia Department of Small Business & Supplier Diversity and Hampton Economic Development program on August 16th at Sandy Bottom Nature Park Conference Center. His presentation, Bonding: What it is & how to optain it, included many topics with information on how to start and maintain a successful …

CBI Particpates in Public-Private-Partnership 101 Workshop

Denise Gillin Uncategorized

Construction Bonds, Inc. joined the Prince George’s County public shool for the “Public-Private-Partnership” (P3) 101 Workshop to learn more about upcoming school projects. The workshop covered valuable information including: What is a P3 project? How does it differ from traditional PGCPS projects? How to maximize WBE / MBE contracting opportunities. What is the PGCPS’ P3 process and time for WBE …

The Over and Under of Contractor Billings

Denise Gillin Uncategorized

Large overbillings or underbillings can be an indication of problems that could jeopardize the stability of a contractor’s bond program. Generally Accepted Accounting Principals (GAAP) state that to be accurate, the best way for a contractor to report earnings is most often on the Percentage of Completion (POC) method of accounting. This method ties together what the contractor actually earned, …

CBI At US DOT Bonding Education Program

Denise Gillin Uncategorized

Great turnout for the US Department of Transportation Bonding Education Program in partnership with The NC Institute of Minority Economic Development and FAM Construction, LLC at Fairfax, VA. This three-day program was filled with great information on how to obtain and increase bonding. One firm came to learn about the process and left with the potential to obtain over $1 …