SFAA & U.S. DOT Programs Link Bonding Education to Job Opportunities for Emerging Contractors

摘要

The need for strong small and emerging contractors has never been more acute. Government requirements are increasing, jobs are getting larger, and small and emerging contractors have felt the force of the difficult economy more than most. Both public owners and general contractors want strong contractors on their jobs, and also want the protection of surety bonds. The landscape is shifting. Bonding no longer is part of the conversation solely because it is mandated on public works projects but because procuring entities and other stakeholders not only want the financial protection of bonds, but also recognize that they have better participation on projects when bonding is in place.