Spring 2025

Here’s a brief glance at what you’ll find in the Spring issue…

Building Your Construction Company’s Bonding Capacity

Performance bonds are an essential and required means of reassurance for owners of many publicly funded construction projects and some privately funded ones. The ability of a construction business to obtain a bond is referred to as its bonding capacity. This article further explains the term and what bonding providers (sureties) look for in determining bonding capacity. A sidebar warns of the decidedly ill effects of a bond claim.

Infrastructure Jobs Call for Due Diligence

Infrastructure jobs have become more common in recent years, thanks in part to the Infrastructure Investment and Jobs Act of 2021. Depending on where a construction business operates, it could find itself with a plethora of projects on which to bid. This article recommends a cautious, thorough approach to due diligence when deciding which jobs to pursue.

Is Your Construction Business Ready for Connected Jobsites?

Mobile technology has been proving itself highly beneficial to construction companies for a while now. As updates and upgrades continue to come down the pike, a new term has emerged: the connected jobsite. This article explains the term and the advantages of putting together such a project location.

Stay on Guard Against Supply Chain Fraud

One of the many challenges of running a construction business is managing its supply chain. Unfortunately, doing so includes staying constantly on guard against internal and external fraud. This article explores some commonly perpetrated schemes, explains why internal controls are so important, and describes the recommended best practice of annual targeted risk assessments.

To view a PDF of the newsletter with full articles, click HERE or below.