Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...
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ALEXANDRIA, Va., Nov. 6-- The American Subcontractors Association issued the following news release: If the Supreme Court of Minnesota does not reverse an appeals court's decision holding construction ...
In today’s construction market, one of the riskiest decisions a contractor can make doesn’t happen on the jobsite: It happens during subcontractor selection.
Subcontractors introduce significant risks to extended supply chains. Hiring companies need direct visibility and oversight to protect their operations. A strong subcontractor risk management program ...
Washington D.C. - May 2024: Front exterior view of the entrance to the Department of the Treasury building in Washington D.C. In my opinion, investors looking to maximize the income generated from ...