Construction Bonds, Inc. Named On SBA’s Top Performing Bond Agency List for 2017

Joshua EtemadiBonds, Construction, News

WASHINGTON, Nov. 7, 2017 /PRNewswire-USNewswire/ — The U.S. Small Business Administration announced today its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. “FY2017 yielded impressive numbers that would not have been possible without our top performing surety partners and bond agencies,” said Peter Gibbs, Acting Director for the Office of Surety Guarantees.  “The SBA is very pleased with the results that we have seen, and the tremendous impact made on small businesses by not only contributing to the economy, but also by creating economic opportunities for other Americans.” Read the full Press Release >>>

Meeting With Surety Agent Among Ways Contractors Can Effectively Manage Growth

Joshua EtemadiBonds, Construction

The U.S. commercial (non-residential) construction market outlook for the remainder of 2017 and through 2018 is expected to grow in the 4% range, according to the AIA Consensus Construction Forecast panel. This is slightly below its previous forecasts of 5-7% entering 2017. There are factors that could add tailwind to growth estimates, which include tax reform, financial deregulation, and a trillion-dollar infrastructure program over the coming decade. Tell me more >>>    

SBA Names CBI In Top 10 Bond Agencies for FY2017

Joshua EtemadiBonds, News

The U.S. Small Business Administration announced its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. Construction Bonds, Inc. (CBI) was named one of the top 10 performing bond agencies for 2017. The standing was determined by the number of bonds written through the SBG Program. The mission of the SBA’s Office of Surety Guarantees is to provide and manage surety bond guarantees for qualified small and emerging businesses. Congratulations CBI! Read the full release here. The U.S. Small Business Administration announced its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. …