Jordan Faux was one of the presenters at the Contract Surety Bonding Workshop by the Surety & Fidelity Association of Nevada in conjunction with the Nevada Subcontractors Association & Associated Builders and Contractors Nevada.    

Potential Recovery Source for Sureties in Utah -The Residence Lien Restriction and Lien Recovery Fund Act.   Potential Recovery Source for Sureties in Utah – The Residence Lien Restriction and Lien Recovery Fund Act. In 1994, the Utah Legislature recognized a problem within the residential construction industry. A few contractors were taking money for construction … Continue reading “Surety Industry Tip!”

By Leland Faux Nevada Revised Statute 482.345 requires a car dealer to post a $100,000 bond for the benefit of consumers. Recently, we’ve noticed an uptick in volume of lawsuits on these types of bonds. This article will provide a brief synopsis of some of the trends we are seeing and how a surety can … Continue reading “Motor Vehicle License Bond Trends in Nevada”

Once again we went to the St. Timothy Episcopal Church to volunteer by providing a meal to those in need. We support the work they do there and we are glad to help keep it going!

Nevada law provided that every “original contractor” is liable for “indebtedness for labor incurred by any subcontractor or any contractors acting under, by or for the original contractor in performing any labor, construction of other work included in the subject of the original contract, for labor . . . .” NRS 608.150. The statute made … Continue reading “Some Relief for the “Original Contractor” and Sureties Regarding Labor Claims”

Today we celebrated our 20th year anniversary. Thank you everyone to help us get to 20 years serving you. We are excited for the things to come!     Ribbon cutting ceremony by the Henderson Chamber of Commerce               Mayor Hafen’s recognition for our 20 years in business in the … Continue reading “20th Year Anniversary!”