Posts By Andy Goldsmith, Jr.
The Surety Has Tendered its Defense – Now What?
February 23, 2022 | Suretyship
This is a question we sometimes get from contractors who are either on the receiving end of a payment bond claim for the first time or have deeper concerns about their current bonding relationship. An important first step is to review the fundamental difference between insurance policies (which provide coverage against the risk of defined… Read more
It’s a Good Time to Review Your FLSA Preparations
September 26, 2016 | Best Practices, Government Regulations
Virtually every construction payroll is governed by the Fair Labor Standards Act (the “FLSA”) and has been since 1938. The FLSA governs payment of a minimum wage, overtime pay for time worked over 40 hours in a workweek, restrictions on the employment of children, and recordkeeping. This Act has been amended on many occasions and new… Read more
Are you helping your Project Managers and Superintendents understand your contract?
September 19, 2016 | Best Practices, Contracts
The bidding and contract process is often totally separate from the job-site environment. This can make it difficult for project managers and superintendents to keep track of key contract provisions, especially when the contract form in question is new to them. Since field personnel are busy with the work, and are under a lot of… Read more
