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	<title>FSB America Bonds</title>
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	<link>https://fsbamerica.com/</link>
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	<lastBuildDate>Mon, 25 Sep 2017 20:17:26 +0000</lastBuildDate>
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		<title>Changes with FDOT Bid Software</title>
		<link>https://fsbamerica.com/changes-with-fdot-bid-software/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 25 Sep 2017 20:17:26 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2327</guid>

					<description><![CDATA[<p>Heads Up! This month, FDOT made a switch with their bid system. Now they are using the AASHTOWare Project Bids™ software instead of Expedite®. You will need to contact Bid Express and obtain a new Digital ID to use the new software. If you already have a digital ID for Expedite, there will be no  [...]</p>
<p>The post <a href="https://fsbamerica.com/changes-with-fdot-bid-software/">Changes with FDOT Bid Software</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Heads Up!</p>
<p>This month, FDOT made a switch with their bid system. Now they are using the AASHTOWare Project Bids™ software instead of Expedite®. You will need to contact Bid Express and obtain a new Digital ID to use the new software. If you already have a digital ID for Expedite, there will be no charge for this. Please see the link below for further information about the steps needed to convert to the new software.</p>
<p><a href="http://r20.rs6.net/tn.jsp?f=001vCQT077w-lsDos-NPkuO-2A9Ptp02zxKI21-NCuibN5yrVMwSWuKYWsa3NDFinS8kIchnbJzXorDLLUCxVY3j2oSTeZPiMMW6W1EKPh1mJZDkLaZhy7nD-7GkgzYNK4nu3Prbzs6s10eIjH1A8qZKr1LQRDLttAGuHa-tW6m93KoiHFX6g-ph8PGIZWq5zT2i8CbOyN7PvLGz-5XxjTCT2zSMss299a6vWshGiTt5_pWyZkyK0918c36EaA8Ecla3LpAjEADVEsQq5WCHxlnyO67OsWkAE5_&amp;c=-KA72GU5iXcwg2tWCVNp1vmr9MzXVhFpGa3AW4GCfp2LN3RCQZEE3Q==&amp;ch=gmmx3Vnmn7UOr8UKFFfqqOvtIo8c2LBjlDSEazuEdtDZGjG4zyRnlg==" target="_blank" rel="noopener" shape="rect">http://www.fdot.gov/contracts/News_Announcements/FloridaDOTDigitalIDholdersProhjectBidsAnnouncement.pdf</a></p>
<p>The post <a href="https://fsbamerica.com/changes-with-fdot-bid-software/">Changes with FDOT Bid Software</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>News from FTBA Regarding Hurricane Irma Related Costs</title>
		<link>https://fsbamerica.com/news-from-ftba-regarding-hurricane-irma-related-costs/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 25 Sep 2017 19:59:26 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2325</guid>

					<description><![CDATA[<p>Per an email from the Florida Transportation Builders Association on Friday: "Please find below an email from David Sadler outlining the timeframe for submittal of some of your costs associated with Irma. David also provides a table that should be used to determine days eligible for compensation. I have attached a section from CPAM that  [...]</p>
<p>The post <a href="https://fsbamerica.com/news-from-ftba-regarding-hurricane-irma-related-costs/">News from FTBA Regarding Hurricane Irma Related Costs</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Per an email from the Florida Transportation Builders Association on Friday:</p>
<p>&#8220;Please find below an email from David Sadler outlining the timeframe for submittal of some of your costs associated with Irma. David also provides a table that should be used to determine days eligible for compensation.</p>
<p>I have <a href="http://r20.rs6.net/tn.jsp?f=001x-Ge2zVTEMbTw_3p4tnUpz5_HjIIoQ54ASd6FJYTN_tkG9FhetsqtI2sOLMHr9KNwiTBY-4-_Z-aAZPFr_rQpfKIIWKSzfobacV4sdrehkHvbeVMkgeQezFDAPpuNZAsyXCv0Qw98PxvjpCZWE0EfN3XJ10gW6iIWN3XbC49LognxLNBfUHgZMyVpb24AmR9OrLuRKpl-L_6CNS7X8wB5g5HhNBySWIK1fBsoDzVpXtDC5XInqmcI1DebIZA2yCf&amp;c=vCYqFIRF8hSPUaWLRl8IZf8reCoK1ku6UZhdvIaUzlE8Pl2PtG3ogw==&amp;ch=dSVfNn8NyKWOr5tsDEZow5WGLsQoDNgZFBGm3qgNNLEtl_TC9yg72Q==" target="_blank" rel="noopener" shape="rect">attached a section from CPAM</a> that discusses compensation for costs associated with a declared emergency. I understand that CPAM is not a part of your contract but it provides very excellent guidance as to what FDOT will pay for relating to storm damage and delay. Keep in mind that FDOT is under no obligation to compensate the contractor for the idle equipment and labor but agreed to do this in an effort to be fair and consistent. In the case of idle labor it is hoped that your workers who lost paychecks during Irma will receive compensation equivalent to what FDOT reimburses. The process outlined in CPAM appears very straightforward and I feel confident that should you choose to follow this process FDOT will compensate you as outlined.&#8221;</p>
<p>From Bob</p>
<p>______________________________________________________________________________________________________________________</p>
<p>&#8220;This email is to let you know that there is a deadline for contractors to submit Hurricane Irma related impact costs to the Department. Specifics are outlined in CPAM chapter 7.6 (<a href="http://r20.rs6.net/tn.jsp?f=001x-Ge2zVTEMbTw_3p4tnUpz5_HjIIoQ54ASd6FJYTN_tkG9FhetsqtI2sOLMHr9KNqtTF0PxmJnwHSDDKun_2KtPOpUBb-xP2481xjVT5FMBFkeagzVIu0LyX_Ety2VnD3HcFb1bafiPikPUFOpWM7ZvmCOjBcM4sVgLtpyc2C2QOraVJfu84l081AMh7Ban339FxwcwM0R2QnnUX_RzBww3ULP4TraWceuISz2Iu7ueaWhwz81AHFXMabTdsJgWCT_2D4viRPZs=&amp;c=vCYqFIRF8hSPUaWLRl8IZf8reCoK1ku6UZhdvIaUzlE8Pl2PtG3ogw==&amp;ch=dSVfNn8NyKWOr5tsDEZow5WGLsQoDNgZFBGm3qgNNLEtl_TC9yg72Q==" target="_blank" rel="noopener" shape="rect">http://www.fdot.gov/construction/manuals/cpam/New%20Clean%20Chapters/Chapter7s6.pdf</a>) but for brevity, the timeframe is as follows:</p>
<p>Governor Declaration issued September 4, 2017 which is set to expire 60 days after issuance unless extended. That put expected expiration date at November 3, 2017. CPAM allows six weeks following the cessation of all natural disasters covered by a Governor declared emergency related impacts to the project or two weeks after Final Acceptance of the contract, whichever is sooner. Since there are ongoing recovery efforts following the storm, FDOT will use the November 3rd date as the cessation date and will allow 6 weeks from then as the deadline for contractors to submit the information required in CPAM to the Department. Six weeks after November 3, 2017 will be December 15, 2017.</p>
<p>Regarding days allowed per CPAM for compensation of idle equipment and idle labor, <a href="http://r20.rs6.net/tn.jsp?f=001x-Ge2zVTEMbTw_3p4tnUpz5_HjIIoQ54ASd6FJYTN_tkG9FhetsqtI2sOLMHr9KNIO1-myqucP_285Os367N-GgN_uTBTvT2hFdSWe_tjBq8kUVrg7YzKFfFXB9_qD5PaCMQa6ny9xSxImxwpSC9J8bSCpp6X9CnNxWfWbiB7R7zX-8WdmiiJcAumm6Zmoa2_UiMbkZCX_BcUtNSqKFdLOijeMPmYelN82ejEv826IAyGKkM7aiTcayZRuQOnQui&amp;c=vCYqFIRF8hSPUaWLRl8IZf8reCoK1ku6UZhdvIaUzlE8Pl2PtG3ogw==&amp;ch=dSVfNn8NyKWOr5tsDEZow5WGLsQoDNgZFBGm3qgNNLEtl_TC9yg72Q==" target="_blank" rel="noopener" shape="rect">the attached table is what the Department is operating from for consistency</a>. The dates of the storm are relative to the south Florida locations since they were first impacted. Dates/days impacted are adjusted by the Districts depending on the dates on which they were impacted.&#8221;</p>
<p>Please contact David A. Sadler, P.E., with  any questions:</p>
<p>David A. Sadler, P.E.<br />
Director, Office of Construction<br />
Office (850)414-5203<br />
Fax (850)414-4874<br />
Email: <a href="mailto:david.sadler@dot.state.fl.us">david.sadler@dot.state.fl.us</a></p>
<p>The post <a href="https://fsbamerica.com/news-from-ftba-regarding-hurricane-irma-related-costs/">News from FTBA Regarding Hurricane Irma Related Costs</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>What Contractors Need To Know About OSHA&#8217;s New Silica Rule</title>
		<link>https://fsbamerica.com/what-contractors-need-to-know-about-oshas-new-silica-rule/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Wed, 23 Aug 2017 20:12:59 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2319</guid>

					<description><![CDATA[<p>Inhaling silica dust can lead to silicosis, an incurable lung disease that can be fatal if severe enough. Those with too much silica exposure can also develop lung cancer, kidney disease and chronic obstructive pulmonary disease. The existing standard requires that silica dust particles, which are 100 times smaller than sand granules, be limited to  [...]</p>
<p>The post <a href="https://fsbamerica.com/what-contractors-need-to-know-about-oshas-new-silica-rule/">What Contractors Need To Know About OSHA&#8217;s New Silica Rule</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Inhaling silica dust can lead to silicosis, an incurable lung disease that can be fatal if severe enough. Those with too much silica exposure can also develop lung cancer, kidney disease and chronic obstructive pulmonary disease. The existing standard requires that silica dust particles, which are 100 times smaller than sand granules, be limited to 250 micrograms per cubic meter of air over an average of eight hours — the hours of a typical work shift. The new standard reduces that to 50 micrograms over the same time period.</p>
<p>Read the full article on www.constructiondive.com by clicking <a href="http://www.constructiondive.com/news/what-contractors-need-to-know-about-oshas-new-silica-rule/503127/">HERE</a></p>
<p>The post <a href="https://fsbamerica.com/what-contractors-need-to-know-about-oshas-new-silica-rule/">What Contractors Need To Know About OSHA&#8217;s New Silica Rule</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>Force Majeure Contract Clause</title>
		<link>https://fsbamerica.com/force-majeure-contract-clause/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 31 Jul 2017 14:40:27 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2311</guid>

					<description><![CDATA[<p>An article on Constructiondive.com broke down how the force majeure contract clause in construction contracts can help plan for the unexpected. Per the article "Anyone in the construction business can attest to the fact that it's an industry that defines the phrase "stuff happens." And most of the time, there is someone to blame. Inconsistencies between  [...]</p>
<p>The post <a href="https://fsbamerica.com/force-majeure-contract-clause/">Force Majeure Contract Clause</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>An article on Constructiondive.com broke down how the force majeure contract clause in construction contracts can help plan for the unexpected.</p>
<p>Per the article &#8220;Anyone in the construction business can attest to the fact that it&#8217;s an industry that defines the phrase &#8220;stuff happens.&#8221; And most of the time, there is someone to blame. Inconsistencies between versions of the plans and specifications; late ordering of long-lead-time specialty items; failure on the part of a subcontractor to adequately allocate resources; mathematical mistakes in the original estimate — all of these can lead to delays in the schedule and higher costs. These are also the result of human error, so each step in the decision-making process that led to the mistake can be evaluated and corrected for the future. But then there are those events no one could have anticipated, and these happenings fall under the category of force majeure — bringing a whole new set of contract-related questions that all parties must address.&#8221;</p>
<p>&#8220;A force majeure event is one that could not have been reasonably foreseen and keeps a contractor from fulfilling their obligations under the original terms of the contract.&#8221;</p>
<p>&#8220;The American Institute of Architects refers to these unanticipated occurrences in its A201-2017 General Conditions for the Contract of Construction,  which is incorporated by reference into many AIA contract agreement forms.  ConsensusDocs also mentions these events in some of its contract documents, including the ConsensusDocs 200 Agreement and General Conditions Between Owner and Constructor.&#8221;</p>
<p>&#8220;Force majeure clauses are intended to spread the risk of the types of things you can&#8217;t control,&#8221; said John Patrick Curran, partner at Sive, Paget &amp; Riesel in New York. &#8220;If work is suspended for a delay, the contractor is excused in the sense that they don’t have to maintain the schedule. The owner is excused [from] paying for work for a period of time.&#8221;</p>
<p>&#8220;The AIA 201 lists fire, weather, unusual delivery delays and labor disagreements as examples of events that would be out of the contractor&#8217;s control, while ConsensusDocs 200 throws in terrorism, epidemics, &#8220;adverse governmental actions&#8221; and unavoidable accidents. Both allow, as Curran said, for an extension of time to the contract if requested in a timely fashion by the contractor.&#8221;</p>
<p>&#8220;But what about financial compensation for costs like overhead or remobilization associated with those delays? &#8220;It all depends on what the contract says,&#8221; Curran said. Many owners write &#8220;no damage for delays&#8221; clauses into their contracts, he said, which means there is no allowance for any cost reimbursement in the event of, for example, heavier-than-average rainfall that makes it impossible to carry out site work — only an increase in the allotted schedule time.&#8221;</p>
<p>The article goes on to give examples and explain the gray area in the clause.  Click <a href="http://www.constructiondive.com/news/the-dotted-line-how-force-majeure-contract-clauses-can-plan-for-the-unexpe/446722/">HERE</a> to read the full article.</p>
<p>The post <a href="https://fsbamerica.com/force-majeure-contract-clause/">Force Majeure Contract Clause</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>2017 FWCCA Annual Convention</title>
		<link>https://fsbamerica.com/2017-fwcca-annual-convention/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Thu, 20 Jul 2017 13:59:11 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2304</guid>

					<description><![CDATA[<p>The Florida Wall &amp; Ceiling Contractors Association had their Annual Convention last week at the Gaylord Palms Resort in Orlando. Cheryl Foley and Sarah Drinnan represented Florida Surety Bonds for the second year in a row. This year was better than ever! It was held at a beautiful location, there were over 70 exhibitors and  [...]</p>
<p>The post <a href="https://fsbamerica.com/2017-fwcca-annual-convention/">2017 FWCCA Annual Convention</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Florida Wall &amp; Ceiling Contractors Association had their Annual Convention last week at the Gaylord Palms Resort in Orlando.</p>
<p>Cheryl Foley and Sarah Drinnan represented Florida Surety Bonds for the second year in a row. This year was better than ever! It was held at a beautiful location, there were over 70 exhibitors and we made some great connections! Florida Surety Bonds is proud to be a member of such a great association.</p>
<p>The post <a href="https://fsbamerica.com/2017-fwcca-annual-convention/">2017 FWCCA Annual Convention</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>Changes Coming To Credit Reports</title>
		<link>https://fsbamerica.com/changes-coming-to-credit-reports/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Tue, 11 Jul 2017 13:34:14 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2299</guid>

					<description><![CDATA[<p>We came across an interesting article yesterday regarding some big changes to credit reports. The article states "up to 7% of people with credit scores could see them rise beginning July 1st when credit reporting agencies will start excluding most civil judgements and about half of all tax lien data from credit reports" Read the  [...]</p>
<p>The post <a href="https://fsbamerica.com/changes-coming-to-credit-reports/">Changes Coming To Credit Reports</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>We came across an interesting article yesterday regarding some big changes to credit reports.</p>
<p>The article states &#8220;up to 7% of people with credit scores could see them rise beginning July 1st when credit reporting agencies will start excluding most civil judgements and about half of all tax lien data from credit reports&#8221;</p>
<p>Read the full article <a href="https://finance.yahoo.com/news/big-changes-coming-millions-credit-120000000.html">HERE</a></p>
<p>The post <a href="https://fsbamerica.com/changes-coming-to-credit-reports/">Changes Coming To Credit Reports</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>2017 NAWIC Construction Career Camp</title>
		<link>https://fsbamerica.com/2017-nawic-construction-career-camp/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 19 Jun 2017 17:55:53 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2292</guid>

					<description><![CDATA[<p>National Association of Women in Construction “NAWIC” is one of the largest Women’s organizations in America. NAWIC has events throughout the year that give back to the community; one of their many events is Construction Career Camp. Construction Career Camp  provides a supportive and nurturing environment for high school girls to explore and develop basic skills in the  [...]</p>
<p>The post <a href="https://fsbamerica.com/2017-nawic-construction-career-camp/">2017 NAWIC Construction Career Camp</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>National Association of Women in Construction “NAWIC” is one of the largest Women’s organizations in America. NAWIC has events throughout the year that give back to the community; one of their many events is Construction Career Camp.</p>
<p>Construction Career Camp  provides a supportive and nurturing environment for high school girls to explore and develop basic skills in the areas of carpentry, electrical and HVAC/plumbing…..and it is absolutely free! The camp offers high school girls a gender-neutral environment to learn and practice new skills without fear of being teased or isolated. It helps them to develop greater self-confidence, self-esteem, and a great “we can do it” mindset. Over the week long camp, the girls are engaged in and successfully complete several different projects, learn about safety procedures, and get tips on how to become successful when starting their careers.</p>
<p>The camp is always the second week in June. This year it was held at West Side Technical School in Winter Garden.</p>
<p>Here are some pictures of their drywall and toolbox making day. They started the day learning the do&#8217;s and don&#8217;ts of interviewing, then headed to the shop to make tool boxes and learn how to hang and repair drywall.</p>
<p>&nbsp;</p>
<p>The post <a href="https://fsbamerica.com/2017-nawic-construction-career-camp/">2017 NAWIC Construction Career Camp</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>Central Florida Expressway Authority&#8217;s Largest Work Plan Just Approved</title>
		<link>https://fsbamerica.com/central-florida-expressway-authoritys-largest-work-plan-just-approved/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 15 May 2017 14:32:49 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2284</guid>

					<description><![CDATA[<p>On Friday, May 12, The Central Florida Expressway Authority announced that the largest work plan in its history was approved. The board unanimously voted to adopt a five-year, $1.6 billion work plan which is expected to create over 11,000 jobs over the next five years. The five-year plan includes: Widening existing expressways (approx. 40 miles)  [...]</p>
<p>The post <a href="https://fsbamerica.com/central-florida-expressway-authoritys-largest-work-plan-just-approved/">Central Florida Expressway Authority&#8217;s Largest Work Plan Just Approved</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On Friday, May 12, The Central Florida Expressway Authority announced that the largest work plan in its history was approved. The board unanimously voted to adopt a five-year, $1.6 billion work plan which is expected to create over 11,000 jobs over the next five years.</p>
<p>The five-year plan includes:</p>
<ul>
<li>Widening existing expressways (approx. 40 miles)</li>
<li>Resurfacing, improved roadway lighting and signs (approx. 60 miles)</li>
<li>New toll collection systems and safety projects</li>
</ul>
<p>Part of the plan is to complete the Expressway&#8217;s sections of the Wekiva Parkway, which is scheduled to be completed by Spring 2018. Also a big chuck of the budget, $230 million, will be contributed to the state for use on the I-4 Ultimate State Road 408/I-4 Interchange project.</p>
<p>According to bizjournal.com, &#8220;The agency plans to have its work plan projects designed, built and operational by 2022, which is the end of the new work plan. The authority’s plan also will contribute $1 billion in gross domestic product to the local economy as well as saving 32 hours annually traveling on its expressways.&#8221;</p>
<p>More details to come, stay tuned!</p>
<p>The post <a href="https://fsbamerica.com/central-florida-expressway-authoritys-largest-work-plan-just-approved/">Central Florida Expressway Authority&#8217;s Largest Work Plan Just Approved</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>Construction Spending Predicted to Increase in 2017</title>
		<link>https://fsbamerica.com/construction-spending-predicted-to-increase-in-2017/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Wed, 10 May 2017 18:16:01 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2278</guid>

					<description><![CDATA[<p>Per www.forconstructionpros.com "FMI’s forecast for 2017 predicts an increase of 6% for the total value of construction put in place in the U.S. With GDP most recently reporting 2.1% growth in the fourth quarter of 2016, construction growth of 6% looks solid. Although this is a drop from the hot pace of growth from 2013  [...]</p>
<p>The post <a href="https://fsbamerica.com/construction-spending-predicted-to-increase-in-2017/">Construction Spending Predicted to Increase in 2017</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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										<content:encoded><![CDATA[<p>Per www.forconstructionpros.com &#8220;FMI’s forecast for 2017 predicts an increase of 6% for the total value of construction put in place in the U.S. With GDP most recently reporting 2.1% growth in the fourth quarter of 2016, construction growth of 6% looks solid. Although this is a drop from the hot pace of growth from 2013 through 2015, it seems to indicate that the recovery bounce is over and more normal growth is in store for the next few years.</p>
<p>The Nonresidential Construction Index (NRCI) score for the second quarter slipped 1.1 points but remains at an optimistic 61.4. The backlog index indicates a median of 12 months, unchanged for the last three quarters, and the cost of labor index is still indicating higher costs. When labor and materials costs rise, the overall NRCI index decreases somewhat. Nonetheless, FMI points out that rising costs of labor and materials indicate that the economy is supporting these increases.</p>
<p>Other economic components gained or lost within a point of last quarter’s results. The areas to watch, however, are the market indices. As in the Outlook forecast, panelists expect manufacturing construction to grow solidly for the next three months to three years. Other markets are still registering positive numbers, but lodging, office and commercial construction indicate that NRCI panelists expect a sharp downturn in those markets next year, particularly for commercial and lodging construction.&#8221;</p>
<p>To see the forecasts for the key sectors, click here <a href="http://www.forconstructionpros.com/business/news/20860329/fmi-says-recession-rebound-ended-forecasts-steady-2017-construction-growth">HERE</a> for the full article.</p>
<p>Credit: www.forconstructionpros.com</p>
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<p>The post <a href="https://fsbamerica.com/construction-spending-predicted-to-increase-in-2017/">Construction Spending Predicted to Increase in 2017</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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		<title>Communication is Key</title>
		<link>https://fsbamerica.com/communication-is-key/</link>
		
		<dc:creator><![CDATA[Cheryl Foley]]></dc:creator>
		<pubDate>Mon, 27 Mar 2017 16:13:31 +0000</pubDate>
				<category><![CDATA[Surety Blog]]></category>
		<guid isPermaLink="false">http://www.floridasuretybonds.com/?p=2264</guid>

					<description><![CDATA[<p>The AGC Smart Brief had a nice article regarding communication on the job and how open communication is the key to a successful project. Tim Sinclair, chair of AGC's Specialty Contractors Council is a former estimator, project manager and general contractor. His diverse background helps him see a job from multiple perspectives - as both a  [...]</p>
<p>The post <a href="https://fsbamerica.com/communication-is-key/">Communication is Key</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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										<content:encoded><![CDATA[<p>The AGC Smart Brief had a nice article regarding communication on the job and how open communication is the key to a successful project. Tim Sinclair, chair of AGC&#8217;s Specialty Contractors Council is a former estimator, project manager and general contractor. His diverse background helps him see a job from multiple perspectives &#8211; as both a sub and general contractor and is very knowledgeable on pre-construction services.</p>
<p>Tim Sinclair participated in a focus panel entitled &#8220;<em>Maximize the Performance of the Pre-Construction Process through Pre- and Post-Bid Communication&#8221;.</em></p>
<p>Click <a href="http://www.builtworlds.com/news/2017/3/8/precon-qa-sinclair-offers-best-practices">HERE</a> to read the full Q&amp;A and his insight on the benefits and importance of communication during Pre- and Post-Bid Construction.</p>
<p>The post <a href="https://fsbamerica.com/communication-is-key/">Communication is Key</a> appeared first on <a href="https://fsbamerica.com">FSB America Bonds</a>.</p>
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