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Why Construction Professionals Must Understand the Intricacies of Surety Bonds

As a construction professional, it’s likely you’ve had your fair share of experience with bonds (such as payment bonds, performance bonds, contract bonds and contractor license bonds), but understanding the purpose of surety bonds can sometimes be difficult to grasp for even the most experienced contractor.
Today’s guest post is courtesy of Sara Eisenberg, Director of Educational Outreach at SuretyBonds.com. Sara will explain why it is so important for construction professionals to understand the bonding process and how you can become more established in the industry by making sure you know the bond that’s required for projects before you even submit a bid.

Issue Spotting for P3 Contracts on Public Works in Missouri

Public Private Partnerships (“P3 Contracts”) create unique challenges for not only Missouri public entities but also for the contractors bidding on jobs that may fall in the grey area between a “public work” and a “private project.” In this posting, we focus on some of the key clauses that should be included in every P3 contract involving “public works.”

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