Posts Tagged ‘Construction’
Do you need a contract Bond?
For contractors, a contract bond is often essential for bidding on a public job. There are various types of contract bonds. Contract Bond Types: Performance Bond. Payment Bond. Bid Bond. Maintenance/ Warranty Bond. Contract bonds provide the financial assurance that the contractor (principal) will construct a project for the project owner (obligee), and will:…
Read MoreConstruction Zone Driver Safety
As we know, downtown Springfield, Massachusetts is seeing big changes. There is so much construction happening, especially around our offices. Here are a few construction zone driver safety tips. Why Slow Down? Speed limits are reduced in these areas, due to the fact that conditions can change quickly. Being able to stop can be…
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