What does the new Budget 2025 mean for construction?

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What does the new Budget 2025 mean for construction?
What does the new Budget 2025 mean for construction?

A general contractor, subcontractor, specialty trade, and infrastructure contractor all have one thing in common; the federal government’s recently released Budget 2025 brings both opportunity and obligation to the construction industry. If you run a contracting business, now is really the time to recognize what the new Budget 2025 means for you. How does it effect your workload, staffing, insurance.. Read more

Remarketing Your Bonding Facility: Why Canadian Contractors Should Plan Ahead for 2026
Remarketing Your Bonding Facility: Why Canadian Contractors Should Plan Ahead for 2026

Whether a contractor is bidding on projects, managing cash flow, or coordinating its trades, proper prior planning prevents poor performance. In fact, a contractor’s success depends a lot on preparation. The same principle applies to your bonding facility. Too often, contractors wait until they are in the middle of a large tender or facing tighter bonding limits before talking to.. Read more

Contract Surety: A Strategic Asset for Civil Contractors
Contract Surety: A Strategic Asset for Civil Contractors

Bridges, roads and water systems are all examples of infrastructure projects for civil contractors. Civil contractors bidding on infrastructure projects rely on contract surety to ensure bid success. This blog explains how contract surety works and key factors to consider for winning bids. Ferrari & Associates often works with contractors who understand the importance of contract surety. Recognizing the details.. Read more

How Contractors Can Increase Their Bonding Facility Limits to Bid on Larger Jobs
How Contractors Can Increase Their Bonding Facility Limits to Bid on Larger Jobs

Contractors understand that larger projects often require higher facility limits. By increasing those limits, contractors can open more doors to larger opportunities. We wrote this article for companies wishing to enhance their bonding facility limits capacity and take on larger, high-value jobs. For most contractors, a strong bonding facility is key to their business growth. We just published an article.. Read more

Understanding Bonding Facility for Contractors:
Understanding Bonding Facility for Contractors:

In November 2024, we published a blog article titled ‘The Importance of a Bonding Facility for Contractors.’ That article spoke about how contractors are encouraged to secure a bonding facility, which streamlines the process for obtaining essential bonds and enhances their company’s marketability. Our Director of Surety, Kari Davis emphasized that having a bonding facility for contractors saves time. It.. Read more

Bid Bonds for Plumbing and Heating Contractors
Bid Bonds for Plumbing and Heating Contractors

Contractors bid on municipal projects for reliable income, large opportunities, and enhanced reputation. These bonds are vital for companies looking to diversify in the public sector. This article will explore the crucial role of bid bonds for plumbing and heating contractors. Bid Bonds help companies in their industries secure municipal contracts. Bid bonds for plumbing and heating contractors can also.. Read more

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