Not long ago, prior to Covid-19, Guardian’s Surety Group was called in to provide claim, construction and engineering consulting services on behalf of one of our longstanding surety clients. The bond was for a subdivision project located in our nation’s southeast. Subdivision claims require specific expertise. Our client, having experienced the Guardian difference firsthand for decades, knew they could rely...
[embed]https://vimeo.com/410794242[/embed]
A 7MM bid spread prompted one of Guardian Group, Inc.'s largest surety clients to call upon our in-house experts. The surety understandably wanted to write a $19MM bond for their long-term contractor-customer, but the company and its underwriters were concerned that this contractor's bid was simply too low for the tasks at hand. ABOUT THE PROJECT The $50MM+ construction project...