
Office of Business Opportunity
OBO Press Release
City of Houston Launches Bonding 2.0 Training Program for Construction Firms
January 14, 2025 -- The City of Houston's Office of Business Opportunity (OBO), in collaboration with McCarthy Building Companies, Inc. and United Airlines, is excited to announce the launch of "Bonding 2.0," a four-week Bonding & Surety Program designed to help construction firms enhance their bonding capacity. The program will commence on January 23, 2025, and will be held every Thursday from 6:30 P.M. to 7:30 P.M.
Program Details:
Who: Construction firms
When: Thursdays from 6:30 P.M. to 7:30 P.M., starting on January 23, 2025
Where: Virtual via Teams (link coming soon) and in-person at Impact HUB Houston, 808 Travis Street, Houston, TX 77002
Registration Deadline: January 16, 2025, at 3 P.M. CST
Program Highlights: Participants in the Bonding 2.0 program will gain valuable insights and skills in the following areas:
- Surety underwriting
- Accounting - financial statements analysis
- Surety & banking relationships
- Claims and compliance controls
The program combines practical workshops, self-assessments, coaching services, industry experts, and business peers to deliver measurable outcomes, providing a transformational experience to the next level of business success.
"We are thrilled to launch Bonding 2.0 and provide construction firms with the tools and knowledge they need to enhance their bonding capacity,” said Cylenthia Hoyrd, Director of the Office of Business Opportunity. “This program reflects our commitment to supporting small businesses and fostering economic growth in the Houston area.”
McCarthy Building Companies, Inc. is the oldest privately held national construction company in the country, with nearly 160 years of experience in solving complex building challenges. McCarthy is dedicated to safety and quality, utilizing industry-leading design and construction techniques combined with value-added technology to maximize outcomes.
"We are excited to partner with the City of Houston and United Airlines on Bonding 2.0," said Jerrad Jefferson, Supplier Diversity and Community Outreach Manager for McCarthy's Houston, TX location. "The official launch of Bonding 2.0 is an exciting milestone, and we are eager to see how it will become a valuable resource for construction firms. We look forward to its positive impact in fostering business growth and success for small businesses within the Houston community."
Interested construction firms can register now at https://lp.constantcontactpages.com/ev/reg/edsx3x5.
Please note that registration will close at 3 P.M. CST on January 16, 2025. A confirmation email will be sent on January 17, 2025, with further details for selected participants.
Join us for this unique opportunity to enhance your bonding capacity and take your business to new heights with Bonding 2.0!