Your Path to Surety Bonds: What Small Businesses Need to Know


Register at:

8:00 – 8:30am – Participants Arrive (Check-In)
8:30 – 8:35am – Welcome Remarks & Overview of Program (SBA/NASB)
8:35 – 8:45am – Small Contractor Success Story (George Harris, Reliance Construction Company)
A local small construction business owner will provide his story of obtaining financial and surety credit and building his resource network.
8:45 – 9:45am – Bonding & Insurance (NASBP)
Various types and purposes of surety bonds and how small, emerging, and underserved contractors can begin the process of obtaining bonding. Construction accounting principles and financial systems that every small, emerging, and underserved contractor must know, and adhere to for successful bonding relationships and business.
9:45 – 10:15am – Banking & Finance (Scott Wolford, Carolina Small Business Development Fund)
A local lender with discuss how to obtain a loan and business lines of credit, and how to establish a working relationship with a lender.
10:15 – 10:30am – Break/Mid-Morning Networking
10:30 – 11:00am – Risk Management & Legal Concerns (NASBP)
Performance risk, construction law, contracting issues, including change orders and equitable contract price adjustments and remedies available to contractors involved in legal disputes. 11:00– 11:30am – Local Procurement Opportunities (Pamela Gale, Contract Manager)
The Federal procurement process, as well as ways that a small business can access state, local, and private contracting opportunities.
11:30 – 12:00am – Local Procurement Technical Assistance (Rebecca Barbour, SBTDC PTAC) Rebecca will discuss her expertise concerning bonding and loan assistance to small, emerging, and under-served contractors.
12:00 – 12:15pm – Concluding Remarks: Wrap-Up & Additional Resources (Patrick Rodriguez, SBA Raleigh)
12:15 – 1:00pm – Network with a Surety Professional

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