All posts by SEO Team

The Impact of Bonding for BEAD on SMEs

The Impact of Bonding for BEAD on SMEs

Small and medium-sized enterprises (SMEs) play a vital role in many sectors of the economy. These businesses are often the lifeblood of local communities, providing jobs, innovation, and services that larger companies may not be able to deliver with the same degree of customization and personal touch. However, SMEs often face challenges in competing for government contracts or other large projects that require surety bonds. This is concerning, given the number of contract opportunities presented by the BEAD program. 

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Bonding for BEAD

Bonding for BEAD

Surety Bond Professionals is a family owned and operated bonding agency with over 75 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs.  

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New Jersey DOL Provides Funding for Labor Diversity

New Jersey DOL Provides Funding for Labor Diversity

The New Jersey Builders Utilization Initiative for Labor Diversity (NJBUILD) Women and Minorities in Construction Trades grant program, founded in 2009, is a pivotal effort aimed at diversifying the workforce within the construction industry in New Jersey. This initiative seeks to address the historical underrepresentation of women and minorities in construction by providing targeted funding, training, and support to increase their participation and success.  

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With Relative Backlog Stability, the Construction Industry is Optimistic

With Relative Backlog Stability, the Construction Industry is Optimistic

Forecasting demand in the construction industry is a complicated matter, influenced by economic conditions, government policies, and the dynamics within each industry sector. The prevailing attitude—optimism or pessimism—in the residential and nonresidential sectors may differ. The relationship between construction backlog and sectoral optimism (or pessimism, as the case may be) is particularly significant. This article explores the relationship between nonresidential construction backlog and optimism within the sector, explaining how backlog is measured and tracked.  

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All About the NAPA Asphalt Conference 2025

All About the NAPA Asphalt Conference 2025

The National Asphalt Pavement Association (NAPA) is a trade organization that represents the interests of the asphalt pavement industry in the United States. Founded in 1955, NAPA is dedicated to supporting the sustainability, quality, and innovation of asphalt pavements. Its members include asphalt producers, contractors, suppliers, and equipment manufacturers.  

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7 Ways Aerial Imaging with Drones Will Increase Sustainability in Construction

7 Ways Aerial Imaging with Drones Will Increase Sustainability in Construction

Advanced technologies are transforming the construction industry. Drones equipped with high-resolution cameras and sensors are among the first advanced technologies adopted by many construction companies for the unprecedented insights they can provide into construction sites. Leveraging drone-acquired aerial imagery enables builders to make more informed decisions, reduce waste, and minimize their environmental impact, all of which promote sustainability in construction.  

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10 Tips for Concrete Safety in Construction

10 Tips for Concrete Safety in Construction

Safety in construction has a direct impact on surety bonds in the industry because it influences a project’s risk profile. Surety bonds guarantee that a project will be completed according to the contract terms, and using unsafe practices could break said terms. By using safe practices, contractors reduce accidents, delays, and legal issues, which may lead to interruptions or increased costs to the project. This can increase the risk for surety bond providers, making it harder for firms to secure bonds. With that said, here are our top 10 tips for concrete safety in construction.  

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