Surety Bonds
Specializing in Surety Bond Solutions
USI’s Surety team provides a full suite of surety bond services which include Contract, Commercial and International Surety solutions. As one of the leading domestic and international surety brokers, USI’s surety professionals have decades of experience with a strong and vast network of relationships that are critical to delivering surety solutions to our clients. USI’s Surety Practice has a long history of success in providing substantial surety credit in the construction industry for general contractors, trade contractors, highway/heavy construction projects, construction managers, developers and design builders in both the public and private sectors. USI’s surety network also has extensive experience providing surety solutions outside of the construction industry.
USI’s surety bond solutions provide increased bonding capacity for surety programs and larger projects and we help clients obtain a surety line of credit that allows for revenue growth and increased profitability to achieve their business objectives. Our surety professionals perform an in-depth analysis for each client, utilizing USI’s proprietary bond submission process which provides a comprehensive summary of client information including their salient underwriting and business operational needs, along with USI’s analysis and recommendations for maximizing their surety credit. We advise our clients on how to best present their firm to the market while identifying and aggressively leveraging our market relationships to negotiate the most favorable terms and conditions.
USI’s construction and surety products include:
Performance & Payment Bonds (Domestic and International)
Establish Surety Programs
Commercial Surety and Financial Obligations
Subcontractor Default Insurance (SDI)
In addition to our comprehensive surety services, USI’s Construction Practice Group provides Risk Management and Consulting Services as well as insurance needs for our construction clients. Some of these services and products include:
General Liability
Excess Liability
Worker’s Compensation
Inland Marine-Installation Floaters
Builder’s Risk Insurance and Sub-Contractor Risk Management, including the USI Exclusive Program for midsize property owners, and developers*
Practice and Job Specific Programs
Wrap-Up Programs including PRISM – The USI exclusive Wrap-Up Administration Platform*
Risk Retention Plans
* Proprietary and exclusive USI programs.
Experience the & and learn how USI’s Surety & Construction teams can provide the solutions and relationships necessary to help you build your business.
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CASE STUDY:
USI’s Surety Practice Secures Increased Bonding Limits for a General Contractor Leading to a 50% Revenue Increase
A medium size general contractor was looking to increase its bond capacity to bid on larger projects.
USI’s Surety Practice did an extensive review of the contractor’s financial presentation.
Working with the contractor’s CFO and CPA, USI made recommendations to improve their balance sheet and financial presentation.
USI presented our solutions and the upgraded financial information and submitted the case to a highly rated surety.
As a result of USI’s presentation, the general contractor was extended higher bonding limits. This increased capacity allowed them to obtain additional contracts increasing their revenue by $10,000,000 which generated an additional gross profit of $1,000,000 in the next fiscal year.
CASE STUDY:
USI Surety Group Secures Bonding Limits for a Substantial Prime Mechanical Contractor Leading to Revenues of $110,000,000
A Mechanical Contractor that is predominantly a prime contractor on negotiated work experienced a huge disruption of cash flow when one of the project owners was unable to pay on a large project.
The receivable amount exceeded the net worth of the company causing their surety underwriters to suspend their surety line of credit.
USI Surety professionals performed an in-depth analysis of the contractor’s situation including the legal and financial ramifications of the outstanding receivable.
USI’s Surety Practice worked with the firm’s owners, senior management team, bank, CPA, and lawyer to help develop a new business plan and surety solution. The plan with USI’s recommendations was presented to the surety underwriters.
As a result of USI’s plan and negotiations, the contractor was able to maintain its Surety Line of Credit as well as continued surety support for very large projects in their pipeline.
With the surety line still in place, the firm was able to maintain their business plan for top line growth, bottom line profitability and cash flow –allowing the client to realize almost $11 Million in profits.
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100 Summit Lake Drive, Suite 400, Valhalla, NY 10595协议里的Contractor Initials：什么意思？给举个名字例子行吗_百度知道
协议里的Contractor Initials：什么意思？给举个名字例子行吗
Contractor Initials 承包商的姓名首字母拼写 如马晓明
Xiaoming Ma
initials 应该是
采纳率：42%
来自团队：
Contractor Initials 承包商的名字缩写 如陈天立（Chen Tian Li） 的initial 是 CTT
承包方签字，大写的
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NS 3448 Ed. 1&&Standard Form For The Main Contractor's Surety Bond
NS 3448 Ed. 1&&Standard Form For The Main Contractor's Surety Bond
NS 3448 Ed. 1
Standard Form For The Main Contractor's Surety Bond
03 May 2006
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