With more than 40 locations worldwide, we’re able to provide immediate, local assistance virtually anywhere in the world.
Some of the services we provide to the bond community include:
Surety Bond Matters
- Provide accounting insight to surety bond underwriters
- Assistance in pre-default surety bond matters
- Financial analysis of surety bond principal (books & records investigation)
- Reserve analysis / exposure calculations
- Provide cash flow analysis throughout the span of the claim matter
- Assist in the development of strategic business decisions
- Providing specific accounting assistance to company claims personnel
- Evaluation of claims
- Aid with re-let of projects
- Assist with subcontractor ratifications
- Seek out and highlight opportunities for recoveries
- Accumulate and monitor assets of principal
- Aid with the sale and accounting of assets
- Aid in actions against indemnitors
- Provide services on domestic and international projects
Construction Litigation
- Evaluate accounting related aspects of claims
- Interview key personnel or witnesses
- Integrate financial aspects of the claim with facts and coverage issues
- Work cooperatively with authorities investigating the matter
- Prepare accounting reports that analyze the claim
- Aid the claims department and legal counsel throughout the claims process
- Assist in subrogation actions
Funds Control Services
- Formation of creditor protected escrow accounts
- Maintain project-by-project accountings
- Inquire and investigate status of progress payments
- Evaluate requests for disbursement
- Address third-party creditors
- Preserve back-up for account transactions
- Register sureties with governmental agencies
- Establish principal collateral accounts as security for bond underwriting
For trusted assistance with the quantification of surety losses, hire MDD.
