The construction industry has been, and continues to be, a key indicator of economic development. From the Neolithic Age where buildings were made from materials such as bamboo and clay, to the Industrial Revolution with the rise of the steam engine and circular saw, to today, where energy conservation and sustainable development are on the top of everyone’s minds, the construction industry is constantly growing and modernizing to be one of the most flourishing industries across the globe.
One of the most important parties to keep happy as a contractor is the surety. A surety can create bonding programs that can allow for contractor growth, or they can significantly constrict a contractor’s ability to bid and obtain new work. A surety will want confidence in the ability of a contractor to completely perform a project prior to issuing a bond for the project. Here are a few key items that a surety will likely look for when evaluating contractors for new or existing bonding programs:
March Madness may have a different meaning in the accounting world. There are tight deadlines to meet, clients to call back, and 4/15 is staring us down. However, at TeamDKB we try to embrace the spirit of March Madness. Deadlines to meet and clients to call back means we are busy and have the opportunity to continue providing great client service, which is always positive! We also try to have a little fun along the way!