Contract Bond Claims
Controlling A World of Risks

	Guardian Group, Inc.'s Surety Group has global experience helping sureties successfully resolve private and public contract bond claims. Our experience covers industries and projects including aerospace, chemical and gas processing, highway, transportation, commercial, high-rise, residential, airports, waste water, hospitals, pipeline, prisons, subdivisions, environmental, power plants, schools, communications, computers, software programming and heavy industry, among others. Our Exclusive Four-Point Program Contract performance bond claims have become increasingly complex issues, so Guardian Group, Inc. has developed a proprietary Four-Point Program that facilitates ongoing review and monitors all risk areas. Our Four-Point Program services are designed to be interchangeable, interactive and complement one another. 1. Pre-Bonding Evaluation Services
	You may request we evaluate a principal or project before a bond is issued. As projects become more complicated, underwriters face ever-increasing challenges in determining a principal's capabilities. A pre-bonding evaluation by our technical experts can prevent sureties from bonding principals who are exhibiting subtle signs of difficulty. Our Pre-Bonding Evaluation Services Include: Credit relationship investigations Prior surety experience investigations Banking relationship investigations Management investigations Bid evaluation and assistance Principal and indemnitor accounting, and financial reviews Cost estimate reviews Budget reviews Cash-flow analysis Contractual commitment investigations Scheduling analysis Subcontractor investigations Project plan, specification and document review Payment and billing analysis Quality control evaluations Specialized surety requirements 2. Disbursement Control Services
	In certain cases, project funds need to be controlled. Guardian Group, Inc.'s Disbursement control services insure that construction funds are disbursed from an independent third party and are specifically directed to the bonded project. The degree of our involvement is at the client's discretion. Our Disbursement Control Services Include: On-site job inspections Direct application of project funds Itemized project accounting Specialized surety requirements 3. Pre-Default Investigation Services
	Identifying problems before they become financially threatening is a key strength of our pre-default investigation services. When an obligee notifies the surety of project delays, or when a subcontractor or supplier serves notice to the surety for non-payment, the principal may be in trouble. We can pinpoint these problems and expedite corrections before a default, saving time and money. Our Pre-Default Investigation Services Include: Background investigations Exposure evaluations and estimates Work methodology reviews and recommendations Recovery identification Project status evaluations Schedule to complete reviews and estimates Work quality and control evaluations Change order review and recommendations Contractor cost system evaluations Specialized surety requirements 4. Post-Default Investigation and Takeover Services
	We respond to problems quickly and decisively to reduce surety losses. The key to our success lies in the depth of analysis and expert execution that only Guardian Group, Inc. can provide. Our Post-Default Investigation and Takeover Services Include: Default and termination investigations Cost to complete reviews and estimates Bid procurement Project relet Principal or relet contractor monitoring Settlement negotiations Errors and omissions reviews Accounting and financial reviews Financial and operations monitoring Project management monitoring Project completion Principal affirmative claim and defensive claim analysis and preparation SBA audit coordination and support Specialized surety requirements Programs Designed Especially for Contract Payment Bond Claims With the expertise and technical knowledge to quickly evaluate and determine the validity of payment bond claims, we ensure our services are tailored to the requirements of your organization and are in compliance with government regulations. Our proprietary claims program, Guardian's Universal Activity Reporting Director (GUARD), can incorporate your standardized procedures and forms, or it can use our own developed system.