The Automation and Technology Committee of the National Association of Surety Bond Producers (NASBP) created this survey after noticing a steady increase in the number of agents using tablet computers. NASBP recognizes this trend and anticipates more members integrating tablet computer...
2012-TabletSurvey.pdf
On September 27, 2013, NASBP sent a letter to the Small Business Administration supporting reforms made to the Surety Bond Guarantee Program as a result of the 2013 enactment of the National Defense Authorization Act
RIN 3245-AG56 SBA SBGP Sept 30 2013.pdf
An appraiser needs to determine if historical transactions are relevant at all, and if so, how to adjust them to reflect the current contracting environment. Relevance of past financial results and whether they are indicative of future performance
The pandemic adversely impacted the construction industry (classified as an essential industry) and as a result, many construction firms experienced and are still experiencing significant financial challenges
A combination of trade tensions, pandemic induced supply chain anxiety, and a resulting effort to reshore production has led to an array of massive domestic manufacturing projects. As a result, manufacturing-related construction spending is up 58.2% since the start of the pandemic, well above the 6.6% increase in overall nonresidential spending
Owners, contractors, subcontractors, and suppliers have historically taken divergent perspectives in the control of risk of material price increases on construction projects
The first keynote session is titled, "What Every Contractor and Surety Professional Needs to Know About the Election Results And Plenty More." Don't miss this dynamic panel of construction industry lobbyists who will share their thoughts on state and federal election results and the impact of the election results on their respective organizations
First, the demonstrated increase, due to climate change, in the frequency and unpredictability of extreme weather events, which will have negative knock-on effects on major construction projects and make historical weather data in project documents increasingly inaccurate (and thus exacerbate the parties’ dispute). 3 The most recent global, authoritative climate report – the World Meteorological Organization’s State of the Global Climate 2020 (published in April 2021) – confirmed that greenhouse gas emissions continued to rise in 2020, one of the three warmest years on record, despite the economic slowdown caused by the pandemic. 4 Hurricanes, extreme heatwaves, severe droughts and wildfires resulted in tens of billions of US dollars in economic losses (and many deaths)
Failure to comply, including a contractor’s knowledge that a subcontractor is not registered before working, may result in a fine of $1,000