It is no secret to anyone within the construction industry that construction material costs have risen dramatically. Reduced production during the pandemic, climate events, and supply chain issues have all contributed to the rising cost of materials. In the construction industry, many contracts are negotiated and signed well before materials are actually ordered, payed for and work begins on the contract. For this reason, in the past many material suppliers have agreed to help by locking … [Read more...]
Happy Independence Day!
"America is a tune. It must be sung together." -Gerald Stanley Lee Happy Independence Day from Goldleaf Surety Services! Freedom is one of the most priceless gifts in life. As we celebrate this special day, let us aspire to observe the principles on which this great nation was built; always be grateful for the freedoms we have been blessed with; and continue to work hand in hand for a better tomorrow. Our offices will be closed Monday, July 5th, so that … [Read more...]
Washington Continuous Contractor Surety Bond
The Washington State Legislature has created a new licensing category of construction contractors called Licensed Plumbing Contractors. Starting July 1 of 2021, only contractors with this license can do plumbing work. To be licensed, plumbing contractors will be required, among other things, to carry a Washington Continuous Contractor Surety Bond in the amount of $6,000. (RCW 18.106.410) The Washington State Department of Labor & Industries states that the new plumbing license is a big … [Read more...]
Graduate to a Better Surety Partner
Over the last month, my family and I have been receiving invitations to both high school and collage graduations for the children of our family and friends. It is such an exciting time in life and definitely an accomplishment to be celebrated. While many see this milestone as an end to a chapter of their lives, the word commencement is defined as the act or celebration of beginning. Commencement ceremonies celebrate the beginning of a new chapter in life, not the end of the old. While we … [Read more...]
Goldleaf Surety 2021 Scholarship Winner
Goldleaf Surety would like to introduce our 2021 scholarship winner Alondra Villarreal. Alondra will be a 2021 graduate of Montevideo High School. While attending Montevideo High School, she has been involved in sports and student council, been a student board representative, volunteered with the blood drive, and been a student representative for TZD: Safe Communities Coalition. She will begin her college career this fall at Winona State University majoring in Legal Studies. Alondra’s plan … [Read more...]
Goldleaf Surety Partners Win Excellence in Construction® Award
Goldleaf Surety is proud to announce that two of its general contractor partners have been awarded the Associated Builders and Contractors (ABC) Excellence in Construction® (EIC) Award at the 2021 ABC Convention. These awards honored 87 construction projects from 2020 with a collective worth of nearly $2.7 billion. Our partners won the Excellence in Construction® Award in the private residential project over $5,000,000 and the commercial project over $25,000,000 categories. According to the … [Read more...]
Happy Administrative Professionals Day
According to the U.S. Bureau of Labor Statistics, there are more than 3.6 million clerical and administrative assistants in the U.S. Today, on Administrative Professionals Day, Goldleaf Surety would like to thank our Administrative Professionals who we feel are some of the best of those 3.6 million. Becky Risa, Document Production Specialist Gwen Olson, Administrative Assistant Leanne Duis, Document Production … [Read more...]
The Role of a Fiduciary and Fiduciary Bonds
Merriam Webster on their website defines a fiduciary as "one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care, candor, and loyalty in fulfilling the obligation : one (as an agent) having a fiduciary duty to another " Often a fiduciary is appointed by a court order to administer the estate or property of another person who is unable to manage their own … [Read more...]
Shamrocks, Horseshoes and the Luck of the Irish
This St. Patrick's Day we want to share a secret with you, it isn't about shamrocks, horseshoes, and the luck of the Irish. In fact, it isn't about luck at all. When you need assistance placing surety bonds for your client, you don't need shamrocks, horseshoes or the luck of the Irish on your side. You need Goldleaf Surety Services on your side. As a national surety-only agency, we are here to help. Goldleaf Surety does not retail any insurance – we deal only in surety bonds. If your … [Read more...]
Goldleaf Surety And Your New Year’s Resolutions
If one of your New Year’s resolutions is to be more productive with your time at the office, Goldleaf Surety is here to help you make that resolution a reality. Surety bonds can be a time-consuming, costly and embarrassing process for many agencies. Producers and CSRs can face steep learning curves if they want to handle the product. With hundreds of different bonds available, your staff may not know which markets are most likely to write a particular class of bond, which forms to use, or … [Read more...]
