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Heading into 2024, construction professionals encounter familiar hurdles: recession worries, ongoing inflation, higher interest rates, labor shortages, and supply chain issues. Despite these challenges, there are strategies to navigate them successfully and position your company favorably. Here are seven key trends and solutions to consider. Labor Shortages Remain The construction sector faces a growing skilled…
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As we conclude the year, it’s crucial for those in the construction industry to conduct a thorough review of their contracts, especially for long-term projects. It’s advisable to revisit your contracts to confirm they accurately represent the current state of the project. Any discrepancies should be addressed and documented immediately, rather than waiting for issues…
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The Wahkiakum school district in southwest Washington argues that the levying system leaves rural school children with crumbling, outdated buildings. The small community of about 2,000 residents has appealed to the states Supreme Court and is waiting for the attorney general’s office to respond. In 2012, the state Supreme Court favored the McLeary case, in…
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The construction season is fast approaching, so those bidding on new jobs will need to make sure they have the appropriate contract bonds lined up to qualify for review. The process can be confusing, and unfortunately, some requests for proposal (RFP) contain vague language regarding the bond specifics. Those vying for government construction work and…
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To all our Construction Bonding Specialists friends and family, Wishing you peace, love, and joy this holiday season and throughout 2022. We are so thankful for our wonderful clients, and we want you to know that we genuinely appreciate you!Warmly, The Construction Bonding Specialists, LLC family
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Whether you will be spending your holiday with family/friends or planning a quick getaway to decompress, we at Construction Bonding Specialists, LLC wish you and your loved ones a safe and enjoyable Thanksgiving. This year, we are thankful for our wonderful clients and want you to know we genuinely appreciate all of you! …
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