Skip to Content

News & Resources

Monthly Archives: September 2016

Construction Backlog Indicator Shows Overall Dip

9/24/2016 | Construction Blog

The Construction Backlog Indicator, or CBI, is a tool that measures backlog as an indicator of the health of the construction industry. The CBI is presently offering mixed signals to the market. While multi-national and large construction firms are showing the largest backlogs in history, this seems to correspond with a decrease in backlog for medium sized and small contractors.

Estate planning, sitcom style

9/23/2016 | Kaplin Stewart Blog

When it comes to celebrities making plans for their estates, many of the examples provided revolve around what not to do. However, a recently published article takes an unusual approach to the topic of celebrity estate planning. The piece focuses on the fictional families featured in the hit television series “Modern Family.” That show is a great catalyst for discussion on the matter, as there are several different family types featured in the storyline, just as there different types of families in […]

Sureties to the Rescue: Maintenance Bonds Suggested As Remedy to Allow for Timely Release of Retainage

9/20/2016 | Construction Blog

The Pennsylvania state legislature has spent considerable time over the last 2-3 years addressing issues in the construction industry. One of the more recent changes under consideration are amendments to the Pennsylvania Contractor and Subcontractor Payment Act. This statute, which is designed to ensure prompt payment on private projects in Pennsylvania, contains a number of provisions that are in need of update. At least one of the proposed changes will have a direct impact on the surety industry.

Bucks County Contractor Sentenced to Jail for Fraud

9/20/2016 | Construction Blog

A plethora of laws have been passed in recent years attempting to put more strict regulation on the construction industry – particularly residential construction – as it relates to payment and fraud. While there are voices on both sides of the debate as it relates to whether the laws are necessary and reasonable, there should be little doubt that the repercussions for failing to heed the recent trend are potentially serious.