Contract Bonds
Meet Our Team: Ashley Grath
Learn More about Ashley Grath > We are excited to welcome Ashley Grath, Surety Specialist, to the Anderson & Catania team! Based in our North Jersey office, Ashley brings over a decade of industry experience and a strong dedication to delivering outstanding customer service. Her expertise will further enhance our ability to provide contractors with…
Read MoreMeet Our Team: Brooke Noonan
Learn More about Brooke Noonan > We’re thrilled to welcome Brooke Noonan to the Anderson & Catania team as our new Accounts Receivable Clerk! Brooke will work closely with our Finance Manager and Compliance Officer to ensure accurate payment processing, timely carrier payments, and exceptional client service. Welcome aboard, Brooke—we’re excited to have you with…
Read MoreMeet Our Team: Caitlin Gaughan
Learn More about Caitlin Gaughan > We’re excited to welcome Caitlin Gaughan to Anderson & Catania as Bond Manager! Caitlin brings extensive surety industry expertise and a service-oriented approach, supporting both commercial and contract accounts while working closely with construction companies to ensure they have everything needed for seamless bond servicing and ongoing support through…
Read MoreMeet Our Team: Sharon Murphy
Learn More about sharon murphy > We’re thrilled to welcome Sharon Murphy, Administrative Assistant, to our Conshohocken, PA office at Anderson & Catania! With over 20 years of experience in surety and a commitment to prompt, efficient service, Sharon is a valuable addition to our team, supporting contractors, agents, and underwriters with expertise and care.…
Read MoreAsk The Surety Pro – Joe Catania Shares How He Helped Secure a Five-Year Contract
Facing surety underwriting roadblocks on long-term contracts? Concerns like financial stability, performance challenges, cost escalation, and market uncertainty often come up. In the latest episode of “Ask The Surety Pro,” Joe Catania, CEO & Co-Founder of Anderson & Catania, shares how he helped a contractor secure a five-year contract and the revenue stream that came with it. Don’t miss this success story!
Read MoreAsk The Surety Pro – Joe Catania on How Independent Ownership Leads to the Best Bonding Solutions
Surety brokers can play a supportive role in helping surety underwriters de-risk construction takeoffs, especially when contractors seek bonds for significantly larger projects. Watch the latest episode of Ask The Surety Pro, where Rich Anderson, Co-Founder of Anderson & Catania, explains how to frame a takeoff to increase the likelihood of bond approval.
Read MoreIs My Construction Company Too Large To Consider The SBA Surety Bond Guarantee (SBG) Program?
How big is too big for the SBA SBG Program? Gross annual revenue or total employee headcount can impact your ability to utilize the Surety Bond Guarantee Program from the Small Business Administration (SBA). But when is a construction company too big to participate in the SBA SBG program? The answer just might surprise you.…
Read MoreMy Company Has A Low Net Worth. Can I Still Obtain Surety Bonds?
Can low net worth prevent contractors from getting bonded? Net worth and working capital are the two primary factors that traditional surety companies look at first when evaluating a contractor for bonding. But what if you have low, or no, net worth? The Surety Bond Guarantee Program, or SBG, might just be the solution you’re…
Read MoreWhy is My Bonding Company Asking for a Continuity Plan?
Surety bond companies need to know that projects will be completed in the event of an untimely death, extended absence, or disability of a construction company owner or key employee(s). Without a continuity plan in place, the unexpected loss of a key owner or employee(s) can create a chaotic situation for contractors and potentially their…
Read MoreWhat Risks Should Contractors Anticipate When Considering Solar Power Purchase Agreements?
Solar power purchase agreements can be lengthy and complicated. Contractors need to keep it simple, avoid undue risk, and focus on the construction component. An underwriter will review the entire solar power purchase agreement, but contractors need to keep it simple and focus on the construction component only. Don’t get caught up in the onerous…
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