For many Florida contractors, the next big job is going to be a tough ride. The reason is the shortage of trained workers. Throughout the recessions, we lost thousands of jobs as residential and commercial building permits slowed down to a trickle. Many of the contractors who managed to stay in business had to lay [...]
We are all about bonds here at Florida Surety Bonds; whether they be the legal, paper binding bonds, or an emotional, heart felt bond. This story out of Tampa is about a different type of "bonding". A disabled Florida veteran was reunited with the dog he lost after a car crash. Army veteran Luke Macner had [...]
The I-4 Mobility Partners team has been selected for the construction of four express toll lanes through downtown Orlando, as well as 35 years of operation of the express lanes. Additionally, 15 major I-4 interchanges will be reconstructed, and 75 bridges will be replaced. The Florida Department of Transportation will administer tolls. The construction team [...]
As an article in our Spring newsletter mentioned, Amazon.com finalized plans to build it's first two warehouses, over 1 million square feet apiece, in Tampa and Lakeland. The internet retail giant attributes this move to the "collaboration" with our state, city and county officials. The article also mentioned how Florida residents should prepare to start [...]
For decades, the Public Education Capital Outlay (PECO) fund has been funded by taxes hidden in your telephone, electricity, and cable TV bills. 10 years ago, this provided over $1 billion for school construction and maintenance. It provided 25% of all expenditures on school facilities. But, that is not true anymore. As more and more [...]
For those of you that are following our outreach with the Habitat for Humanity build, they have set a date to start building and need help! National Builders Blitz Week is a partnership between Habitat for Humanity affiliates and the local building community to make sure more families have a chance to own a [...]
The National Association of Surety Bond Producers (NASBP) recently put out an informative article that advises contractors to be sure they've taken the necessary steps to verify the authenticity of a surety bond. Not doing so could have wide-ranging consequences that could affect subcontractors, suppliers and project owners, putting construction projects in jeopardy. Read [...]
If you haven't already done so, we encourage you to check out the "Links" section of our website which has the links to several different Florida Statutes and Associates that are important in the construction industry. You can click here to be directed to that page.
In January, Florida Governor Rick Scott announced that the Florida Department of Transportation (FDOT) will receive $8.8 billion in Florida’s budget to make strategic transportation infrastructure improvements throughout the state. This means a lot of road and bridge construction opportunities for small and disadvantaged businesses. In an effort to help grow small businesses in the [...]
The National Association of Surety Bond Producers (NASBP) recently developed a new website that offers an online course and a repository of other valuable information to help small and emerging contractors start the bonding process. The website, www.suretylearn.org, helps small and emerging contractors learn more about the basics of bonding and educates emerging construction business [...]