The Miller Act and Little Miller Act are two of the most important Acts to know when it comes to contract jobs for state-level and government construction. While many contractors are somewhat familiar with them, not all contractors understand their full ramifications. Knowing about the surety bonds ...
Author: UpworkDev
Three Most Common Construction Injuries and How to Prevent Them
Construction work is never easy. And when an employee is injured, it can be anything from a few day’s absences to that person having to resign or even file for disability. This unfortunate loss of good employees can also lead to project delays or hiatuses. Fortunately, there are ways that both...
Little Miller Act: Connecticut
The Miller Act and Little Miller Act are must-knows in the world of contractors and construction. Many contractors have heard of the two, but at NSSI we often find that not everyone fully understands what is involved with them. Not knowing could cost you a job, or even your company, so it is essenti...
Government Purchasing Officers Examine Benefits of Expanding Surety Bonding
With millions of dollars at stake in maintenance and construction projects, it’s vital that government purchasing officers understand the importance of surety bonding for these undertakings. Two insurance executives recently made an educational presentation on how this practice provides the ri...
Little Miller Act: Colorado
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 … ...
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...
California Little Miller Act
If you want to be a successful contractor in the United States, you’re going to have to deal with surety bonds. The bonding process can get pretty confusing which is why it helps to do a little research before you buy. One of the most common things you’ll run into when researching surety bonds i...
Washington, DC, Little Miller Act
When you bid on a government project in our nation’s capital, there are certain kinds of bonds that you will be required to provide and post. These bonds are those that fall under the District of Columbia’s Little Miller Act. Based on the Federal Miller Act, almost every state has a Little Mille...