Recent court rulings in California are setting a precedent that payment bonds used on public projects cannot be transferred to private subcontracting jobs related to the same project. Roger Haerr of California’s Luce Forward law…
WPL Publishing Co., Inc. will host a construction professionals webinar to help construction professionals better understand the surety industry. The event, called “Construction Bond and Contract Provisions: A Review of Surety Rights, Duties, Obligations, and…
A public official in Washington sparked controversy when she failed to buy the required surety bond before she was sworn into office five months ago. Charleen Groomes, who was elected Okanogan County clerk, said she…
Last year New Jersey’s Essex County Office of Small Business Development partnered with The Surety & Fidelity Association of America to provide a free surety bond program to women and minority business owners in the…
The Virginia legislature has passed a bill that raises the minimum contract amount required for bid, performance and payment bonds. House Bill 1951, entitled “Public Procurement Act,” increases the minimum contract amount from $100,000 to…