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Serve as an informative advisor with respect to your surety program as it relates to other aspects of your business. |
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Provide clear and meaningful explanations on all levels of the surety relationship including the impact of contractor, agent, surety company developments as well as external factors affecting the relationship. |
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Objectively review and comment upon the reasonableness of contract terms and adequacy of financing pertaining to specific projects. |
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Attend construction project closing (upon request) |
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Delivery of the proper documents in a timely fashion. |
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Maintain a reasonable and discreet approach to dealing with owners, banks, and creditors. |
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Periodically review the financial condition, job progress, personnel, continuity, equipment, and future plans which influence the extension of surety credit. |
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Offer a source of references for accountants, attorneys, contractors, and financial institutions |
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