New bid bond sale in Italy shows slide in borrowing costs

Cool picture of thumbs upItaly’s 10-year borrowing costs slid to their lowest in more than eight years at a well bid bond sale on Thursday in a further investor endorsement of the new government’s ambitious reform plans. With appetite for emerging market assets also soured by tensions between Ukraine and Russia, investors snapped up the...

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Fairfield, CT seeking bids for culvert on East Lake Brook

The Town of New Fairfield, Connecticut is seeking sealed bids for furnishing all labor, tools, materials and equipment required for the replacement of existing culvert over East Lake Brook with a reinforced concrete pipe culvert and reconstruction and repairing approximately 300 feet of Indian Hill Road. The project will also include drainage...

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Walking around blindfolded on the construction site?

From Edward Salazar at Fall Protection Blog is this really nice article on mobile devices and their effects on people on the job site.Obviously, from our point of view, a good way to lose your surety bond is to have multiple accidents due to a lax risk policy, especially if they are easily avoidable accidents from carelessness. Construction...

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California Building Energy Efficiency Standards Delayed to July 1, 2014

CSLB logoby Garret MuraiThe California Contractors State License Board (“CSLB”) has issued an Industry Bulletin providing further information regarding the delayed implementation of the California Building Energy Efficiency Standards which has been delayed from January 1, 2014 to July 1, 2014:Compliance Dates Delayed for Some Energy-Related...

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When Can OSHA Shut Down my Jobsite?

Our friends at simplified safety have just posted a great article on OSHA and the job site.Take a look.  Go to the web site and tell John Braun how much you appreciated the article.When Can OSHA Shut Down My Jobsite?You’ve heard all the horror stories, right?  OSHA comes into a factory or onto a construction site and things are...

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Invitation to Bid - Bloomfield Hills Schools

INVITATION TO BID – BID NO. C1402 – DISTRICTWIDE RENOVATIONS SINKINGFUND 2014FORBLOOMFIELD HILLS SCHOOLSThe Bloomfield Hills Board of Education (“Owner”) will receive firm, sealed Bid Proposals for all labor,materials, equipment and all other services to complete Bloomfield Hills Schools Districtwide Renovations.Bid Documents can be obtained on or after February 17, 2014 from ARC (1009 W. Maple Road Clawson,Michigan 48017, phone:...

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Detroit Bankruptcy - An update for Bond holders

The city of Detroit has moved in its bankruptcy hearing to declare certain of its general obligation bonds as unsecured debt. This will be, of course, challenged in the bankruptcy court. The decision will be a watershed moment and could set a course of action for other municipal bankruptcies to come.The issue, which is being heard by bankruptcy judge Steven Rhodes, is whether the pledge of Detroit tax revenue to pay off the voter-approved...

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Retina-Ready, Responsive WP Theme

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The Creative WordPress Theme

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Text Alignment Standard

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Olympic Boondoggle: an infographic on corruption and the Olympics

After our post on the cost of the Sochi Olympics skyrocketing, I was contacted and shown this really great infographic on the amount of corruption cost that has gone on in Sochi.You can find it here: http://bit.ly/OlympicCorruption.A couple of really great points:1) 25 workers killed at Olympic construction sites.2) The cost of the...

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Make Use Of Important Tools To Attain Financial Protection

In case of bid bonds, a debt is secured by the bidder. Through a bid based selection process, the project owner is assured that a bidder will take on the project if he wins the bid. The owner is assured that the bidder has adequate fiancés to meet the requirements of the job. The selection process is made simpler with a bid bond. The project owners can remain assured that the bidders will be able to complete the project without...

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Bankruptcy on the Construction Project - the big "B"

California Construction blog has a new post on bankruptcy, which reminds us of our previous posts on the Detroit Bankruptcy.In Part 1, we briefly discussed the Detroit Bankruptcy and the need to review how contractors were getting paid.  In Part 2, we discussed what effect a direct payment from a failing municipality has on...

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Invitation to Bid

Invitation to Bid – Bloomfield HillsBID NO. C1401 – WIRELESS INFRASTRUCTUREFOR BLOOMFIELD HILLS SCHOOLSThe Bloomfield Hills Board of Education (“Owner”) will receive firm, sealed Bid Proposals for all labor, materials, equipment and all other services to complete Bloomfield Hills Schools Wireless Infrastructure.Bid Documents can be obtained...

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Invitation to Bid

Invitation to Bid – Bloomfield HillsBID NO. C1401 – WIRELESS INFRASTRUCTUREFOR BLOOMFIELD HILLS SCHOOLSThe Bloomfield Hills Board of Education (“Owner”) will receive firm, sealed Bid Proposals for all labor, materials, equipment and all other services to complete Bloomfield Hills Schools Wireless Infrastructure.Bid Documents can be obtained...

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