/ ABOUT THE CLAIM A prominent surety reached out with an unfortunate situation on its hands. Their principal had fallen way behind on a bonded project: the complete upgrade and installation of a school-wide fire suppression system. The surety’s claims department sensed an imminent termination by the obligee and subsequent bankruptcy declaration by their principal. ABOUT THE INVESTIGATION Upon immediately...

/ ABOUT THE CLAIM Guardian and YA Group’s surety consultants were recently called upon by a longstanding client. The surety’s claim manager wanted our team’s engineers to help them ascertain status on one of their bonded principal’s general construction projects. The project was a small municipal building located in the Pacific Northwest. The principal had chosen to self-perform the concrete...

/ ABOUT THE CLAIM One of Guardian’s surety clients called upon the company’s construction and engineering experts to consult on a major claim in the Southwest. The surety’s contractor-principal had bid and won a multimillion-dollar project for a county’s conversion of one of its municipalities from a septic to a city sewer system. This was a significant engineering project, one...