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Understanding the Differences between Performance and Payment Bonds and Project Completion Services Agreements

Understanding the Differences between Performance and Payment Bonds and Project Completion Services Agreements is a two-page, easy-to-understand document that discusses the differences between contract bonds and a project completion services agreement. The paper explains that the proposed...

comparebnds_complsvcagrmnt.pdf


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Managing Subcontractor Risks of Non-Performance and Financial Failure: A Flash Guide to Subcontractor Bonds and Subcontractor Default Insurance

Managing Subcontractor Risks of Non-Performance and Financial Failure: A Flash Guide to Subcontractor Bonds and Subcontractor Default Insurance is a two-page, easy-to-understand document that discusses the differences between subcontractor bonds and subcontractor default insurance. The first...

flashsubcontractbonds_sdi.pdf


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Part 2 Battling Surety Bond Fraud: Why Bond Verification Is So Important

Learn how to avoid becoming a victim of bond fraud. This is Part 2 of NASBP General Counsel Martha L. Perkins' article. Part 2 was published in the Winter 2015 newsletter of the Fidelity and Surety Law Committee of the American Bar Association's Tort Trial & Insurance Practice Section on pages 9...

Prt2_indsuretiesABAF&SLwCom.pdf


Library Entry
Part 1 Battling Surety Bond Fraud: Why Bond Verification Is So Important

Learn how to avoid becoming a victim of bond fraud. This is Part 1 of NASBP General Counsel Martha L. Perkins' article. All construction industry stakeholders can and should combat surety fraud by taking steps to verify the legitimacy of the surety and to ensure that the surety authorized the...

Prt1_indsuretiesABAF&SLwCom.pdf


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Joint NASBP SFAA Statement for House Small Business Committee Feb 12 Hearing

Joint NASBP and SFAA written statement that describes the associations' support of threebills introduced in the 112th and 113th Congresses, H.R. 3534 and H.R. 776, and H.R.838. H.R. 838 was introduced in the 114th Congress on February 10, 2015, byRepresentative Richard Hanna, and cosponsored by...

NASBP SFAA Statement to House.pdf



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NASBP Comments on FASB Revenue Recognition Proposal

These are the comments that NASBP sent to FASB on October 13, 2010 with regard to the Exposure Draft on Revenue Recognition from Contracts with Customers. This issue is particularly of concern to the surety industry, since the Financial Accounting Standards Board (FASB) isssued its Exposure...

NASBPLetter_FileRef1820-1001.pdf


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NASBP Comments on FASB 715 - Compensation-Retirement Benefits-Multiemployer

On November 1, NASBP submitted comments on the Financial Accounting Standards Board's (FASB) proposal with respect to disclosure about an employer's participation in a multiemployer plan (FASB 715 Exposure Draft issued on September 1, 2010.) #Issues #CommentLetters #Industry ...

NASBP_Comments _File Reference No 1860-100_.pdf