Read the latest news regarding Commercial, License, Permit, Contract, Court and Fidelity Surety Bonds, and how upcoming changes will affect your business. Check out our glossary page for more information on Surety Bond terminology.
If you’re a contractor bidding on public or private construction projects, you’ve probably heard the terms performance bond and payment bond. While these two types of surety bonds are often required together, they serve different purposes and may be issued separately depending on the project. Before you bid on a project, review our guide to … Continue reading “What Is a Performance and Payment Bond?”
Read MoreOn January 1, 2025, Florida’s new expedited building permit law, Florida Statute 177.073, went into effect, allowing developers to begin construction before a final plat is recorded. This law aims to speed up residential development in regions experiencing rapid growth, such as Hillsborough, Pinellas, and Polk County, without sacrificing accountability. As more developers take advantage … Continue reading “Fast-Tracking Development: Expedited Building Permit Program”
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