What exactly is the Miller Act, and how does it apply to you and your state? While most contractors have heard of the Miller Act, we at NSSI find they may not know its particulars. It is vital, however, to know how the Miller Act applies to you, your state and your company’s projects and … ...
Month: April 2018
4 Easy Steps in Securing a Surety Bond
As a contractor, you probably know you need a surety bond. Surety bonds are designed to protect you and your clients if one of you has questions about a project or if something does not go as planned. Despite the necessity of surety bonds though, many contractors do not know how to get them. They &h...
Why Your CPA Needs to Be Specialized in Construction
Most people do not think of a CPA, or certified public accountant, as a person who needs construction expertise. If you are a contractor or client, however, you will soon find out why your CPA needs to be specialized in construction. A CPA who understands construction is often the contractor and cli...
What is Bonding Capacity?
Whether you are a client or contractor, you might find bonding capacity confusing. If so, you are not alone. Many people are confused regarding what bonding capacity is and when, if or why they need it. If this describes you, let our quick and easy primer demystify the bonding capacity process for y...