What Used Car Dealers Need to Know About the Federal Lemon Law

License Bonds | 19 Aug 2014
2014 is not even over yet and it is already the year with the highest number of vehicle recalls. While this is beneficial for a lot of dealers, it has actually turned the public’s eye towards increasing safety, and everyone involved will be affected – automakers, suppliers, dealers, etc. That’s why I thought this would be an appropriate time to talk about the Federal Lemon Law for used cars, which … Read More »

How Can Women Contractors Get More Federal Contracting Opportunities?

License Bonds | 12 Aug 2014
Much has been said about the shortage of skilled workers in the construction industry. We addressed it in an and an . While there is no easy and straightforward solution to this problem, one of the ways to address it would be to boost participation of women contractors and women-owned businesses in construction. Currently, they comprise a small fraction of the whole industry (), but have the potential to … Read More »

Got a Surety Bond Claim? Here’s What You Can Expect

License Bonds | 11 Aug 2014
If you work in the freight industry, you need to stay on top of a lot of things—communicating with shippers and carriers, processing orders, researching the market for even more cost-efficient ways to do business, and the list goes on. However, all of these are pleasant tasks compared to dealing with a freight claim when one comes in. Almost every broker has had a claim filed against them at least once … Read More »

Want to Haul Military Freight? Check out SDDC’s Requirements

License Bonds | 31 Jul 2014
Are you a freight carrier company seeking to get into military freight transportation? Well, if you are, there are several ways to get into that niche. The easiest way is to get on the list of a broker approved by the Surface Deployment and Distribution Command (SDDC), and get work from them. But if you want to cut the middle man and move Department of Defense (DOD) freight yourself, there … Read More »

Are Federal Contractors About to Face More False Claims Act Lawsuits?

Uncategorized | 24 Jul 2014
Working on federal projects has numerous benefits for contractors, so federal contracts always attract a fierce competition. But in an effort to protect taxpayer money, sometimes the government adopts legislation that quickly turns controversial. Such is the case with a recent ruling by the United States Courts of Appeals for the Fourth District, which aims to increase penalties for federal contractors who defraud the government under the False Claims Act … Read More »

Step-By-Step Guide: How to Get Your Freight Broker’s License

License Bonds | 16 Jun 2014
As journalist Steve Albini says, “the backbone of this country is the independent truck.” Freight shipping is an indispensable part of modern life, and there is a complex ecosystem to support it. An integral piece of the support structure is the freight broker. The freight broker acts as a middleperson between an entity that wishes to transport property and the motorized carrier who … Read More »

4 Software Solutions for Every Successful Mortgage Broker

License Bonds | 11 Jun 2014
These days the job of a mortgage broker is nearly impossible without the use of computer software. There are many programs to help and guide you through all your everyday tasks, including dealing with customers, searching for loans, communicating with banks and other financial institutions, etc. Using the right mortgage broker software can be imperative to your success, but in such a flooded market, how can you choose the right … Read More »

Top 5 Online Retailers for Workwear & Gear

Contract Bonds | 09 Jun 2014
Shopping online has numerous benefits – it saves you time and you can do it from the comfort of your home. But more importantly – you get more choice. This can be especially important for contractors, who need to take many factors into consideration when shopping for work apparel and gear – it has to be comfortable, durable, compliant with OSHA standards, etc. With this in mind, next time you need … Read More »

Bidding in Construction: Should Losing Bidders be Compensated?

Contract Bonds | 04 Jun 2014
After the bids on certain projects are over and a contract has been awarded, a natural question arises: “Should the losing bidders be somehow compensated for the time, effort and money they’ve put into developing the proposal?” A recent project that spurred interest in this question was the California High-Speed Rail, which will span more than 800 miles with trains going up to 200 miles per hour. In February, … Read More »

Construction Industry On The Rise

Contract Bonds, License Bonds | 13 May 2014
36% of contractors think that in 2014 the construction market will expand more than in any other single year. The construction industry is on the rise: that’s the encouraging news from Lance Surety Bonds’ new infographic. And which areas of the private sector are expected to be most profitable? The consensus points to manufacturing, retail, lodging & warehouse, and higher education & hospitals. The most optimistic findings concern employment trends in … Read More »
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