See press release here. Lynne W. Cook, Senior Vice President here at Early, Cassidy and Schilling, Inc., has been installed as the President of the National Association of Surety Bond Producers (NASBP), an international trade association headquartered in Washington, DC, serving…
Surety is Smart Business- Importance of Performance and Payment Bonds
Surety is Smart Business! A Performance Bond provides the project’s owner with a guarantee that the project will be completed in accordance with the specifications and requirements of the executed contract. A Payment Bond benefits the subcontractors and suppliers to…
What Can You Expect from Your Surety in 2014?
Written by: Lynne Cook, Senior Vice President of Surety Do we really know where the Mid Atlantic construction market will be by year end 2014? The more I read about it, the more I doubt anyone really knows. However, I…
A P3 Makeover for the Standard Surety Bond- Reprinted from ENR 11/20/2013
By Richard Korman in San Diego Responding to the demands of potential lenders and concessionaires, sureties may play an important role in expanding public-private partnerships in the U.S. by providing a new type of completion and payment bond, according to…
Arrivederci: MD Individual Surety Law Needs to Ride into the Sunset in 2014
Article written by Mark McCallum and Larry Leclair, NASBP in collaboration with Ed Hershon for ASA of Metro Washington Did you know that the State of Maryland allows individual sureties, i.e. natural persons, to write bonds for prime contractors on…