858.538.8822 mstrahan@kpsbond.com
Is a Bigger Bottom Line Consistent with Liability?

Is a Bigger Bottom Line Consistent with Liability?

As we all know, the construction industry is booming with opportunities being plentiful. Nearly everyone is making money and many firms have record backlogs with bigger bottom line profits. However, is the increase in the bottom line consistent with the increased...

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Bid Bonds from Subcontractors – Why Not?

Bid Bonds from Subcontractors – Why Not?

During the last couple of years and especially this year, subcontract failures are on the rise. With work going to contractors that are bidding with little to no profit there is simply no room for a bid or execution error these days. Unfortunately that is just a part...

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Pre-qualify Subcontractors – Things to Consider

Pre-qualify Subcontractors – Things to Consider

With the slow down in the residential market you likely have seen more competition on projects as well as a longer list of subcontractors looking to provide bids to general contractors. With this new infusion of subcontractors to the commercial marketplace, are you,...

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Are You Actively Managing Your Expenses?

Are You Actively Managing Your Expenses?

Times have been very good for the construction community over the recent past. With the exception of the real estate market, all phases of construction seem to be operating on all cylinders. This has resulted in strong profits for many companies. However, all good...

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