Working on public work projects is a double-edged sword. On one hand, you get substantial contracts backed by government budgets. On the other hand, one misaligned line item in your Schedule of Values can send your pay application straight to the bottom of an inspector's drawer where it sits for 60 days instead of 15. At Construction Cost Accounting, we've worked with hundreds of contractor SMEs across the U.S. who find themselves cash-strapped not because they did bad work,

If you work on public projects, a security bond is more than just something you have to do. It's an important safety measure that keeps everyone involved in a construction job safe. Even so, a lot of workers are still not sure if they need to get a bond. What really happens when a public works contractor starts working without a security bond ? Knowing about them can mean the difference between a business that does well and one that goes bankrupt. In this blog, we will talk a