Construction Industry

Surety bonds are an important and prevalent component for successful completion of private and public construction projects in the United States. In fact, contract surety bonds, in the form of bid, performance, and payment bonds, are statutorily required to be furnished by construction contractors performing public sector construction work at virtually all levels. To that end, NASBP seeks out and maintains active liaisons with many organizations representing construction project participants, including associations representing public and private owners, design professionals, contractors and trade contractors.

Where possible, NASBP seeks partnering agreements with these organizations for the purpose of enhancing cooperation, collaboration, and information exchange for the betterment of the construction industry. Click here for more information about recent partnering agreements that NASBP has signed with construction industry associations.

Construction industry organizations with which NASBP has worked include the following groups:

• American Association of State Highway and Transportation Officials (AASHTO)
• American Institute of Architects (AIA)
• American Subcontractors Association, Inc. (ASA)
• Associated Builders & Contractors, Inc. (ABC)
• Associated General Contractors of America (AGC)
• Associated Specialty Contractors, Inc. (ASC) ASC includes the following nine trade associations:
  • Finishing Contractors Association (FCA)
  • Mechanical Contractors Association of America (MCAA)
  • National Electrical Contractors of America (NECA)
  • National Insulation Association (NIA)
  • National Roofing Contractors Association (NRCA)
  • Painting and Decorating Contractors of America (PDCA)
  • Plumbing-Heating-Cooling Contractors-National Association (PHCCNA)
  • Sheet Metal and Air Conditioning Contractors' National Association (SMACNA)
  • Subcontractors Trade Association (STA)
• Construction Financial Management Association (CFMA)
• Construction Management Association of America (CMAA)
• Construction Owners Association of America (COAA)
• Construction Users Roundtable (CURT)
• National Asphalt Pavement Association (NAPA)
• National Association of Women in Construction (NAWIC)
• National Utility Contractors Association (NUCA)
• The Road Information Program (TRIP)