Let's Get Surety

National Association of Surety Bond Producers
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Jan 25, 2022 • 32min

#56 Cash Flow Considerations

On this episode, we are joined by Bill Hughes, CPA, and a Partner at Grassi's New Jersey office to discuss cash flow considerations in the construction industry. As the construction industry faces another year of uncertainty, we discuss the many challenges that contractors are facing and the ever-increasing importance of planning and cash flow management. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored By Old Republic!
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Jan 11, 2022 • 27min

#55 Assuredness in Today's Construction Surety Market

On this episode, we are joined by Todd Feuerman of Ellin & Tucker to discuss concerns and expectations in construction and surety as we move into 2022. We discuss megaprojects, Covid-19, labor shortages, material price escalation, margin reduction and its effects on the industry, and the reality of ownership transitions. You won't want to miss this broad look at where we are and what the future may hold for the construction surety market. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Martha Perkins, General Counsel, NASBP Sponsored by Old Republic Surety!
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Dec 28, 2021 • 31min

#54 NASBP Year in Review and Looking Towards 2022!

In this special episode, we are joined by several members of the NASBP staff to reflect on what NASBP volunteers and staff accomplished in 2021 and to discuss the many exciting things NASBP has planned for 2022. For a more in-depth look, check out the 2021 NASBP Highlights--Year-In-Review. As you listen to this episode and flip through the pages of the 2021 NASBP Year-In-Review, you will see how the theme, "We Are Better Together," that NASBP President Tracy Tucker chose for his term as President comes across loud and clear. See you in 2022! Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Dec 14, 2021 • 46min

#53 Focusing on the Recent Order on Federal Contractor Vaccination Requirements

On this episode, we are joined by attorneys Jacob Scott and Alexander Gorelik of Smith Currie & Hancock LLP, as we examine the administration's order on vaccination requirements for federal contractors and the interim FAR Clause implementing that order. We discuss the updated deadlines for compliance, what contractors and employees of those contractors are included in this order, the exceptions and exclusions that pertain, and the need for compliance documentation. We also address the impact of the temporary injunction that was issued against enforcement of the contractor vaccination requirement in the states of Kentucky, Ohio, and Tennessee and how that may affect interstate contracts. To keep up to date on changes to this information, you can check the Safer Federal Workforce webpage, and don't hesitate to reach out to a qualified attorney. Please Note: there continue to be fast-moving changes to the Vaccine Mandate and this podcast represents a snapshot in time. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Nov 23, 2021 • 38min

#52 Tribal Sovereign Immunity and Surety Considerations

On this episode we are joined by attorney Michelle Randall, of Zurich North America, as we examine where the worlds of tribal sovereign immunity and surety meet. Michelle defines sovereign immunity where/when it's applicable and considerations when examining bonding a tribal government or business entity. If you want more information on this topic, you can check out the Surety Bond Quarterly Article titled: "Tribal Sovereign Immunity: What Surety Professionals Need to Know When Working With Native American Tribal Government and Business Entities", or the NASBP Virtual Seminar with the same title that was presented by Michelle Randall and Brad Espinosa here. Hosted by: Kat Shamapande, Director, Professional Development, NASBP, and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Nov 9, 2021 • 28min

#51 Looking Towards the Future and the Digitization of Surety

On this episode, we are joined by technology executive, Patrick McGinty, of Tinubu Square, to talk about the digitization of surety processes. Patrick discusses why digitization has been challenging until the present time and points out the impacts of remote work and how the COVID pandemic and the need for greater flexibility have generated greater desire within the industry to move toward digitization. Patrick shares his definitions of common terms, such as electronic bonds, e-bonding, digital bonds, blockchain, and distributed ledger. If you are interested in hearing more on electronic bonding and on the application of blockchain technology, check out these other Let's Get Surety Episodes. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Oct 26, 2021 • 29min

#50 Here Comes the Judge! A Discussion on Court Bonds

On this episode, we are joined by Susan Jordan of Westfield Surety for a discussion on the interesting world of court bonds comprised of judicial bonds and fiduciary bonds, and why you should be interested in them too! Susan walks us through various types of judicial bonds including plaintiff bonds and defendant bonds and the surety and underwriting considerations related to them. Then we dive into the many types of fiduciary bonds and the related surety and underwriting considerations in that arena! Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Oct 12, 2021 • 28min

#49 Alternative Dispute Resolution

On this episode, we are joined by attorney and former construction company executive Bill Ernstrom, of Ernstrom ADR, to discuss use of alternative dispute resolution (ADR) processes to solve construction disputes. Bill discusses various types of ADR and the many advantages of those processes as compared to litigation. Bill also relates the importance of reading and understanding your contract and the importance of considering and including ADR during contract negotiations rather than when a problem arises. You may also want to check out the previous episode that Bill joined us on, "#45 Read (and Understand) Your Contract!" Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Nationwide!
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Sep 28, 2021 • 30min

#48 Lean into Leadership: Talking Surety with the 5-15 – Changing Landscape of Surety

NASBP is excited to continue the 2021 series of Let's Get Surety episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry. In this episode, we are joined by 5-15 committee members Jase Hamilton of Cavignac & Associates and Michael Lischer of IMA Financial Group, Inc., who discuss what they see coming on the road ahead as surety professionals navigate the current pandemic environment and envision the post-pandemic surety world. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Old Republic Surety!
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Sep 14, 2021 • 50min

#47 Examples and Explanations of the False Claims Act in Construction and Surety

On this episode, we are joined by Isaias "Cy" Alba and Matt Feinberg, partners at the law firm of PilieroMazza PLLC, who discuss the significance of the False Claims Act in relation to construction firms and their surety professionals. Cy and Matt review what the False Claims Act is and why it's important for contractors, subcontractors, sureties, and bond producers to be well informed by identifying real-world cases of FCA violations. Additionally, Cy and Matt call attention to ways in which the risks of FCA claims and attendant damages can be mitigated. Hosted by: Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP Sponsored by Old Republic Surety!

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