/ ABOUT THE CLAIM: Not long ago, the Surety Claims Team at Guardian and YA Group had an opportunity to really come through for a surety client. The municipal authority responsible for a courthouse in the West had required a $10 MM bond for the structural steel subcontractor and the obligee had grown extremely concerned about the workmanship and the...
/ ABOUT THE CLAIM The Guardian & YA Group Surety Team received an urgent call from one of its longstanding clients. The obligee on the $1.5MM bonded project was a municipal waterworks district, and the covered project was the installation of waterlines and valve train assemblies which would transport chemically pretreated water from a lake reservoir to a nearby...
/ ABOUT THE CLAIM / When the principal on one of Guardian and YA Group’s longstanding surety clients’ bonds began to fall behind schedule, the surety knew it was time to call in the surety experts. The principal was the framer on a 300-unit mid-rise apartment building in our nation’s Northeast. Delays at this phase of construction would obviously impact...