{"product_id":"9780784404263","title":"Surety Bonds for Construction Contracts","description":"\u003cp\u003eThis book presents the complex field of suretyship for construction contracts by describing and analyzing each element of the surety bonding process in basic terms. Russell unravels the suretyship puzzle through numerous examples and extended case studies drawn from real-world experience. Sample bond forms and surety documents, as well as an extensive glossary of key terms, serve to further illustrate each step of the bonding process. \u003c\/p\u003e\u003cp\u003eAs the only comprehensive treatment of surety bonding for construction contracts, this book explains the details of suretyship as well as these topics: \u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eHow surety bonds function, \u003c\/li\u003e \u003cli\u003eHow a contractor can secure bonding, \u003c\/li\u003e \u003cli\u003eWho the key players are in the surety relationship and how they interact, \u003c\/li\u003e \u003cli\u003eHow to properly structure key documents, \u003c\/li\u003e \u003cli\u003eWhat a contractor should look for in a surety and in an independent surety agent, \u003c\/li\u003e \u003cli\u003eWhy the private owner should consider surety bonding to guarantee projects, \u003c\/li\u003e \u003cli\u003eHow surety bond claims are handled, and\u003c\/li\u003e \u003cli\u003eThe steps a surety company may take when contractor default occurs. \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eIn addition to exploring the many facets of the bonding relationship, this book describes many subtleties of this endeavor, including the surety's role in prequalifying contractors and why an owner might consider requiring or waiving surety bonds; opportunities to benefit from the financial analysis of the underwriter; and alternatives to surety products for contractors who may have experienced difficulties acquiring bonding. This book also covers such issues as international guaranty, reinsurance, surety and design-build, and emerging surety market trends. \u003c\/p\u003e\u003cp\u003eThis book will be useful to contractors, owners, design professionals, construction accountants and attorneys, and other construction industry personnel. \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAbout the Author\u003c\/strong\u003e \u003cbr\u003eJeffrey S. Russell, Ph.E., P.E., is professor and chair of the Department of Civil Engineering, University of Wisconsin–Madison. He is the author of \u003cem\u003eConstructor\u003c\/em\u003e \u003cem\u003ePrequalification: Choosing the Best Constructor and Avoiding Constructor Failure\u003c\/em\u003e (ASCE Press, 1996) and editor of \u003cem\u003ePerspectives in Civil Engineering: Commemorating the 150th Anniversary of the American Society of Civil Engineers\u003c\/em\u003e (ASCE, 2003). \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"American Society of Civil Engineers","offers":[{"title":"Default Title","offer_id":47007418122480,"sku":"9780784404263","price":54.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780784404263_p0.jpg?v=1763659235","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780784404263","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}