It’s that time of year again – Labor Day is upon us, and we all need to take some time to remember those who put it on the line every day to make sure we all have the essential services we need, whether it’s your local cashier or the big construction company contract worker. Labor …
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Indiana Little Miller Act
For just about every kind of contract work in the United States, you need surety bonds. These bonds help protect everyone involved and are often legally required, but the bonding process can be a bit hard to understand if you’ve never dealt with it before. One of the most important aspects you nee...
5 Challenges for Small Business Contractors
Small contracting businesses are really not much different than any other small business. They suffer a great deal of challenges that can lead to going out of business quickly if not properly addressed. In fact, more businesses don’t make it than those that do. It’s important to get over that cr...
Small Business Contractors Winning Government Bids
Landing a government contract isn’t just a good idea to grow your small construction firm; it’s absolutely essential to your ongoing success. Government jobs pay really well, and are very high profile; they allow you to build your reputation as a trustworthy contractor as well as to get ongoing ...
How to Grow Your Small Contracting Business
The goal of every small business is to be successful, grow, and last for decades into the future. Unfortunately, the vast majority of startups never get that far and don’t make it beyond their first year of work. If you’re starting up a contracting business, you’re facing a great deal of compe...
Illinois Little Miller Act
Little Miller Acts are active in just about everywhere you go in this nation. They’re in place to provide essential protections to subcontractors and vendors on construction projects. They are named after the Federal Miller Act which began life as the Heard Act of 1894, and gradually evolved into ...
Understanding Surety Bonds
If you run a contracting business, you’re going to come up against the requirement for surety bonding at some point in time. Whether it’s the U.S. Miller Act, any of the state Little Miller Acts, or local and regional requirements, being bonded is quite simply a necessity to keep your business o...
Why You Want a Surety Expert
Surety bonding is a fact of life in the construction and contracting industry. It’s the means by which construction companies not only protect themselves and their clients, but prove their own reputations. A company that carries the right bonding is sure to complete the job responsibilities to whi...
Why Your Insurance Agent Should Be Working with a Surety Expert
One of the biggest mistakes many contractors make is thinking that surety bonds and insurance coverage are the same thing. In truth, while these two forms of coverage are similar, they are separate and distinct, and fulfill different purposes in your business operations. It’s vital to have both, b...
Idaho Little Miller Act
The law that would become the Federal Miller Act was originally enacted in 1894 and was at the time called the Heard Act. It was established to require a performance and payment bond to provide a degree of protection to subcontractors and materials providers. This act, however, was originally held b...