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Surety Bond Services
- Aid with re-let of projects
- Assistance in pre-default surety bond matters
- Assist with subcontractor ratifications
- Financial analysis of surety bond principal (books & records investigation)
- Seek out and highlight opportunities for recoveries
- Reserve analysis / exposure calculations
- Accumulate and monitor assets of principal
- Provide cash flow analysis throughout the span of the claim matter
- Aid with the sale and accounting of assets
- Assist in the development of strategic business decisions
- Aid in actions against indemnitors
- Providing specific accounting assistance to company claims personnel
- Provide services on domestic and international projects
- Evaluation of claims
- Establish collateral accounts for the benefit and protection of the Surety
- Analysis of sources and uses of project-specific funds in both pre and post-default situations
- Establish trust accounts related to financing of Principals
- Working with Surety and Principals to establish a business plan
- Budgeting for cash flow
- Tracing of funds related to receipt and payment of both trust and non-trust obligations
- Expert testimony in contractor disputes
