The Producer Price Index (PPI) for inputs to new nonresidential construction increased 1.7% in April and rose 6.6% compared to April 2025, according to recent data analyzed by the Associated General Contractors of America (AGC). Rising material prices continue to place financial pressure on contractors, developers, and construction companies throughout Michigan and surrounding states. Increases..
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In today’s fast-moving construction and business environment, timing is everything. Whether you’re bidding on a new project, securing a license, or meeting contractual requirements, having the right bond in place—quickly—can make all the difference. Delays in bonding can mean missed opportunities, stalled projects, or compliance issues that impact your bottom line. Construction Bonding Specialists, LLC..
Spring marks the start of a busy season for contractors across Michigan. For those involved in utility, highway, civil, transportation, federal, heavy, and building construction, proper preparation is essential to stay on schedule, maintain compliance, and secure the right bonding before projects ramp up. Planning for Utility and Infrastructure Work Spring is a key season..
The construction industry is heading into 2026 with a mixed outlook, according to the 2026 Construction Hiring & Business Outlook survey released by the Associated General Contractors of America (AGC) and Sage. While some sectors continue to show strong demand, overall contractor confidence has softened compared to last year. Contractors reported fewer bidding opportunities overall,..
When a construction company needs to secure a bond, the most critical first step is partnering with a reputable surety bond broker. An experienced broker serves as your advocate throughout the bonding process, helping position your company in the strongest possible light and guiding you toward the most favorable bond terms and conditions available. A..