/ 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...

ABOUT THE CLAIM When a surety company received a warranty-related claim on a performance bond they had written, Guardian Group’s Surety Group was called in to help assess and ameliorate the situation. The principal was a concrete contractor who had won the city’s pool project. Not long after project completion, the municipality-obligee began receiving reports from residents as well as...

  / "Assessing Risks and Helping Contractors Grow with Pre-bonding Evaluations" The featured article explains the service Guardian Group provides to sureties, contractors, and bond producers. Supplementary to the work of the underwriter, pre-bonding evaluations help proactively identify key project risks, often enabling the contractor to take corrective action, enabling the surety to write the bond and the contractor to...