Surety Bonds Help Keep A Construction Project On Track

Construction Workers

Are you considering hiring a contractor for a big construction project? You may want to consider asking about surety bonds when you interview the contractors. These bonds provide assurance that the project contractor will complete the job in accordance with the terms of the contract. There are generally three parties involved in a bond. These are you, the owner; the contractor and the surety company. The surety company is guaranteeing to you, the owner that they will ensure the project is completed should the contractor default. The bond’s face amount will normally equal the amount of the contract.

Should the surety company need to act on the bond, they will typically have a few different options for remedies. The company could hire another contractor and have them complete the project. They could work with the current contractor and help keep him from defaulting. This usually involves loaning money to the contractor so they can finish the project. The surety company could also just reimburse the owner for the cost of the bond.

Surety differs from insurance. The primary difference is the contractor’s guarantee to the surety company that they will complete the project in accordance with the terms of the contract. With insurance, the property owner may be reimbursed for costs from a lost project, but the insurance company usually can’t recoup the insurance payment from the contractor.

Potential losses are also estimated differently under traditional insurance. A surety company will expect to suffer no losses and will work with the contractor to ensure this happens.The surety fees are paid by the contractor to provide the guarantee to the owner that their project will be completed correctly.

The contractor is required to provide the surety company an indemnification agreement which guarantees they will be repaid should they have to honor the bond.

Another difference between surety and insurance is that a bond is created based on the requirements of the owner. Insurance policies are typically created by the insurance company and leave little room for owner modifications.

This type of bond is usually required on public projects. It must usually be part of the bid package. Knowing a contractor has a surety bond provides the owner guarantees if the project isn’t completed by the contractor. The contractor’s bond tells the owner that the surety company has evaluated the contractor’s business and believes they are capable of performing the work.

It is important to understand that not every contractor will get a surety bond. This is a process based mostly on the financial strength of the contractor and their company. If a contractor doesn’t have the credit, they won’t be approved for a bond. Requiring a surety bond allows the owner to pre-qualify potential contractors and reject any who aren’t capable of completing the project.

Companies that issue surety bonds will normally use a licensed broker to find contractors. The company will take a look at the contractor’s books and determine if their company is financially stable enough to complete a particular project. For more on the use of these bonds in the construction industry www.hcgms.org has a very good article.

How To Choose The Best Commercial Event Tents

Commercial Tent

Event tents have become quite popular among companies in all industries and areas of activity. Fairly inexpensive and extremely flexible, these solutions can cater to all sizes of events. They can work well for seminars and workshops with less than 50 guests, as well as for events with hundreds of even thousands of guests such as corporate parties, symposia and conferences.

Commercial event tents are available for sale, but you can also consider hiring one when needed, especially if you only organize one or two events per year. If your company provides PR and event management services, you may find it better to buy your own tent, as you’d be able to see a good ROI pretty soon. If you don’t provide this type of services, you should rather rent the best commercial tent to suit each of your events.

The first thing to take into consideration when choosing you tent is its size. You need to be able to estimate with fair accuracy how many guests are going to attend your event. You can always stay on the safe side by renting a slightly bigger tent, but if it is too big, people are going to have the feeling your other guests didn’t show up.

Once you’ve decided upon the size, you have to think about the type of party you need this tent for. If you want it for a wedding, you should specify this to the rental agency, as they are going to show you various models and wedding specific decor ideas. If you need it for a corporate event, you have to know whether your guests are going to be sitting to listen to some speeches, or you’d like them to mingle and enjoy finger foods and various drinks. If you’d like your guests to dance, your tent has to be large enough to accommodate a dancing ring and perhaps a band of musicians.

Big companies use to launch their new brands and product lines by throwing a party for their business partners. In this case, the tent needs to offer branding possibilities, as the name of the new product should be clearly visible, so that all guests know from a glance who is the star of the event.

The season has an influence on the type of tent you should choose. Although winter may not be the most appropriate time of the year for outdoor events, you should know that there are commercial tents that can be heated to a comfortable temperature. You can set them in a magnificent scenery, nearby a lake or a snowy mountain, so that your guests can enjoy the view without freezing.

If you want to find the best commercial event tents, you shouldn’t start by setting a maximum budget but go to sites like the Fida Nilham Business Review. It’s better to do your research to see what’s available, and only after that look into the prices. Many suppliers are happy to give their clients nice discounts, especially when they see an opportunity of recurring purchases.

Rig Mats For Sale From Northern Mat

Rig Mats

Rig Mats

NMB (Northern Mat & Bridge) is a world class choice from Newfoundland to British Columbia when it comes to rig mats for sale. This company offers affordable and safe matting solutions for temporary access for work that involves general construction, laying of pipelines, distribution and transmission of electricity as well as gas and oil exploration. Conveniently located in Grande Prairie, Alberta Northern Mat has employees and equipment located across the nation in areas that are industrial, they are able to supply permanent or temporary bridges and matting to their clients for as long as they may need the equipment on site.

About Rig Mats For Sale

Platforms that can withstand heavy-duty applications offer a critical base for a number of gas and oil applications, pipeline construction, rigs, tank farms and various other types of construction needs. The rig mats on offer provide extreme durability and an easy way to set them up. Some of the benefits of these rig mats for sale include the following:

Superior And Strong Construction

A combination of uncompromising wood and steel provides an easy and light set-up mat. These mats are resistant to warping and cracking and are constructed in a way that they offer a long-lasting service even when placed under incredible pressure and high stress situations.

Customizable

Northern Mat has several pre-built sizes of rig mats, but a variety of clients have construction needs or rig units that necessitate a custom made product. The manufacturing workshop at Northern Mat offers services that include the construction and designing process of rig mats that will support the unique needs of each of their clients.

Delivery Services

When it comes to Northern Mat, they take on each factor related to providing an all-inclusive service when it comes to rig mats. Once the client is able to relay what product they require, Northern Mat delivers the product directly to site, installs the product and if required they will retrieve the rig mat once the project has come to an successful end.

The Maintenance Program

In order to ensure that the rig mats on offer are always in great working order, Northern Mat has instituted their own maintenance program that includes repairing or inspecting every product returned to the company. In this way, each product arrives in top condition when delivered to a new site.

Rig mats serve the purpose of enduring heavy loads on a consistent basis. With many years of experience when it comes to construction, Northern Mat has a full understanding of what is needed for a rig mat to offer a reliable and strong platform at all times. Some of the pre-built options include 8’ x 20’or 30’ or 40’ rig mats that include a 3/ 4 beam steel-frame that are all a minimum of 6” thick. For the businesses that are in need of a custom solutions, Northern Mat have the facilities and workforce in place to manufacture the rig mats that match the requirements of their clients.

Where to Buy Quality Poultry Imports at Great Prices

Poultry

Poultry

You need the highest quality poultry and meat imports at the best prices. That is typical for any company or organization, but you also want to establish a good relationship with the import company you use. This will allow you to have years of trustworthy service where you can pass on quality to your customers and clients as well as fair prices.

Choosing the Best Importer

You have to find a full-service supplier not just of poultry products but of meats as well. You have to find the best importers who can literally take the products you buy from the farm to your door so that you can offer the freshest foods to your customers, too.

Perhaps one of the most important services you can get from your poultry and meats supplier is solutions. If you ever have a logistics matter that needs to be worked out, you should be able to reach out to your supplier for help.

There is a company that supplies meats and poultry to businesses of all kinds and has the reputation, problem-solving skills and quality foods that you need. That company is EMS or Eastern Meat Solutions.

A Company that Cares
Today’s meats have to be sold with the highest attention to quality and safety. Poultry imports are no different, and the people at Eastern Meat Solutions understand this well.

They have a staff that cares about the products that they sell to you. They are also a high-energy staff that is ready to offer you solutions as you need them. If you have an issue or problem, just contact them and they will work to help you come up with a customized solution.

They make sure that your solution is efficient, streamlined and workable. They have developed systems that ensure that when they collaborate with you on delivery or logistics, they work with you closely until you are 100 percent satisfied.

They understand that any recipe is only as good as its ingredients. They know that you need the quality poultry, beef and pork products that they supply. But they also know that those ingredients are only as good as can be when they are delivered fresh to you for your use. They will work to make sure you have the right logistics in place no matter where you take your business or restaurant to in the future.

EMS has been around for decades. Originally a milk trader, they quickly realized the value of future relationships with clients. They moved into the meat and poultry imports business and took it from a one-transaction type of business to a full-fledged all-encompassing solutions based importer that is ready to stick with you for years to come with all your import needs.

They perform supply chain work and logistics. However, when it comes to meat staging and processing, you can be sure that they ensure accurate temperature controlling and expert cutting services. Food safety is their number one priority next to your satisfaction.