Statistics may be eminently malleable, but when used properly, they can be a valuable tool to illuminate where your business is working well and not quite making it up to par. Not only do you need to be aware of the general trends in the industry, but you also need to know how your business …...
Category: News
How to Avoid 5 Common Construction Delays
Construction Safety Rules from OSHA You Really Can’t Ignore
Everyone knows that OSHA can be a real nightmare for construction site managers. Nobody wants to get hit by an audit, and if you’re in violation of their regulations, you can even lose your license to practice and your ability to get bonded. In truth, however, all of this is designed to protect bo...
Tips for Avoiding an OSHA Audit in Your Construction Business
No construction company wants to get stuck with an OSHA audit. It’s a nightmare and it usually means that somewhere, somebody accused you of violating a safety regulation. It’s even worse when you don’t know what you may have done wrong. As if it’s not enough of a hassle to deal with your bi...
Preparing for September’s Bond Renewal Deadline
Some surety bonds expire on September 30. That deadline is coming quickly, and if you have one of these bonds you’ll need to make sure you have everything in order to renew before that deadline approaches so you can continue to conduct business legally. It’s vital to have your bond renewal in pl...
Four Crucial Factors to Consider When Shopping for a Surety Bond
Surety bonds are not all created equal. Companies requiring surety bonding must be certain that the bonds they get have the features they need to conduct business, and they should also look for a positive experience from their bonding agency. Price is one consideration, but so is speed and service r...
Mississippi’s Little Miller Act
Like other U.S. states, Mississippi has instituted a series of laws similar to the U.S. Little Miller Act. These laws protect public construction projects from builder’s liens by transferring liability to a surety agent. Surety bonds provided under the Little Miller Acts generally guarantee “ful...
Tennessee’s Little Miller Act
The state of Tennessee maintains its own set of laws mandating bonding for publicly funded projects, which are referred to collectively as Tennessee’s Little Miller Act. Unlike many other states, Tennessee’s set of Little Miller Act statutes offer much more flexibility when it comes to bonding. ...
South Carolina’s Little Miller Act
The South Carolina version of the U.S. Miller Act contains several requirements that make it different from its counterparts in other states. It is one of the few Little Miller Acts to require a bid bond, for instance. It also contains specific language intended to apportion the total available valu...
North Carolina’s Little Miller Act
North Carolina maintains a version of the federal Little Miller Act, which protects public construction projects from liens by mandating that all contractors maintain performance and payment bonds in the amount of the full value of the contract. The “Little Miller Act” version for North Carolina...