As projects become larger, more complex and more expensive, owners are relying on partners who can help them navigate those challenges with confidence. Rising construction costs, workforce challenges and increasingly evolving procurement methods make careful planning and experienced partners more important than ever. Increasingly, private owners are recognizing the broader role surety plays, even when bonding is not required. Through contractor prequalification, financial accountability and experienced oversight, SFAA member companies help position projects for success. Research confirms those benefits, showing that surety strengthens accountability and protects owners, contractors, suppliers and workers. Creating Conditions for Success Advocacy is central to SFAA’s work. Effective advocacy goes beyond legislation to include helping owners, policymakers and other stakeholders better understand the important role surety plays in successful projects. Earlier this year, SFAA and the National Association of Surety Bond Producers NASBP hosted their largest legislative fly-in to date, bringing surety professionals from across the…
As projects become larger, more complex and more expensive, owners are relying on partners who can help them navigate those challenges with confidence. Rising construction costs, workforce challenges and increasingly evolving procurement methods make careful planning and experienced partners more important than ever. Increasingly, private owners are recognizing the broader role surety plays, even when bonding is not required. Through contractor prequalification, financial accountability and experienced oversight, SFAA member companies help position projects for success. Research confirms those benefits, showing that surety strengthens accountability and protects owners, contractors, suppliers and workers. Creating Conditions for Success Advocacy is central to SFAA’s work. Effective advocacy goes beyond legislation to include helping owners, policymakers and other stakeholders better understand the important role surety plays in successful projects. Earlier this year, SFAA and the National Association of Surety Bond Producers NASBP hosted their largest legislative fly-in to date, bringing surety professionals from across the…
Add comment