News & Insight
- Construct Connect
Our Thoughts:
The construction industry is a major driver of economic growth, and its performance in 2018 is expected to be strong. ConstructConnect’s construction starts forecast for 2018 is a 4.8% increase to $773.1 billion. Commercial construction is expected to have a 12.4% increase in starts next year, while industrial construction is expected to see a 5.6% decrease. Residential construction, especially single-family construction, should remain strong in 2018.
The article discusses the factors that are driving the growth of the construction industry, including strong economic growth, increased government spending on infrastructure, and rising demand for commercial and residential space. It also provides insights into the different sectors of the construction industry and their expected performance in 2018.
If you are interested in the construction industry or the economy, this article is a must-read. It provides valuable insights into the future of the industry and the factors that will shape its growth.
- CFMA Spotlight
Our Thoughts:
Are you a surety professional looking to stay up-to-date on the latest trends in the surety industry?
If so, then you need to check out BNP Media’s Surety Bonds & Construction Bulletin. This monthly publication provides surety professionals with the latest news, analysis, and insights on the surety industry.
In each issue, Surety Bonds & Construction Bulletin covers a wide range of topics, including:
- Surety bond trends
- Surety company news
- Construction industry news
- Surety law and regulations
- Surety marketing and business development
- Surety education and training
Surety Bonds & Construction Bulletin is the perfect way to stay informed about the latest developments in the surety industry. It is a must-read for surety professionals who want to stay ahead of the curve.
- Surety Information Office
Our Thoughts:
Surety bonds are a type of insurance that protects project owners from financial losses if a contractor fails to complete a project. They are a common requirement for government contracts and many private projects as well.
In this article, Surety Information Office (SIO) shares 10 things you should know about surety bonds. From understanding the different types of surety bonds to finding a surety company that is a good fit for your business, this article provides valuable information for anyone who needs to know more about surety bonds.
If you are a contractor who is looking to bid on government contracts or private projects that require surety bonds, then this article is a must-read. It provides you with the information you need to understand surety bonds and increase your chances of success.
- Surety One
Our Thoughts:
NASBP Professional Development and Education Committee: Advocating for Surety Professionals
The NASBP Professional Development and Education Committee is a group of dedicated surety professionals who are committed to advancing the knowledge and skills of surety bond producers. The committee develops and offers professional development and educational programs, including the William J. Angell Surety School, workshops, and distance learning courses.
The committee also advocates for surety professionals on a variety of issues, including surety law and regulations, surety education and training, and surety marketing and business development. The committee’s work is essential to ensuring that surety professionals have the knowledge and skills they need to succeed in the ever-changing surety industry.
If you are a surety professional who is interested in learning more about the NASBP Professional Development and Education Committee, or if you would like to get involved, please visit the NASBP website.
- Construction Business Owner
Our Thoughts:
How to Acquire Surety Bonds for Construction Projects
In today’s competitive construction market, it is more important than ever for contractors to be able to acquire surety bonds. Surety bonds are a type of insurance that protects project owners from financial losses if a contractor fails to complete a project.
This article provides a comprehensive overview of the surety bonding process, from understanding the different types of surety bonds to finding a surety company that is a good fit for your business. The article also includes tips on how to increase your chances of being approved for a surety bond.
If you are a contractor who is looking to acquire surety bonds for your next construction project, then this article is a must-read. It provides you with the information you need to understand the surety bonding process and increase your chances of success.
- Constructive Executive
Our Thoughts:
In this article, Surety Information publishes the results of a survey of surety bonding professionals. The survey found that surety bonding professionals are facing a number of challenges, including the increasing complexity of surety bonds, the rising cost of surety bonds, and the increasing competition in the surety bonding market.
The article also discusses the implications of these challenges for surety bonding professionals and their clients. The article concludes by providing some tips for surety bonding professionals on how to overcome these challenges.
I hope this preview entices you to read the full article. The article is well-written and informative, and it provides valuable insights into the challenges facing surety bonding professionals.