/ ABOUT THE CLAIM Recently, Guardian was asked to consult on a surety bond claim at a commercial facility in the Midwest. The bonded principal was an electrical contractor who had been awarded the $6 MM project due to his company’s specialized experience. When the obligee observed that progress was lagging, the surety was notified. In turn, the surety reached...

A surety client called Guardian Group, Inc.'s Surety Group when concerns about their contractor's delays and talk of liquidated damages began to manifest. The project was an expansion of an existing medical facility in Northern California; the addition comprised 60,000 square feet in a single  story. The building is structural concrete and steel, with an envelope of glass and stucco.   As...