Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our feature articles.
"The Dotted Line" contract series: Construction bonding article — Feb. 9
Last month, we launched our year-long series, "The Dotted Line," exploring different facets of construction contracts each month. Our first installment delved into the pros and cons of guaranteed maximum price contracts.
On Tuesday, Feb. 9, we will publish the second installment in the series and investigate construction bonds. Being able to provide performance and payment bonds is vital if a contractor wants to pursue most publicly-funded projects, and even some larger private projects. We'll ask the experts about the bonding qualification process, alternatives to bonds on private projects, and what happens when things go wrong and there is a claim made against the bond.
Government project contracting feature article — Feb. 11
With the recently passed $305 billion, five-year Fixing America’s Surface Transportation Act and the Federal Highway Administration's $2.1 billion of previously earmarked but unused highway project funds that will soon be disbursed among states, there will be a significant amount of infrastructure investment in the coming years. Government projects can be lucrative, but how does a contractor get into the game?
In our feature article on Thursday, Feb. 11, we'll look at how to qualify for federal and state work, how to navigate the paperwork, and how to find the bidding opportunities that are a good match.
