Most commercial construction contractors would like to expand their business with larger projects. Due to increased risks associated with these projects, they require bid, performance, and payment bonds. Many private owners protect themselves from financial loss by requiring surety bonds from contractors. By law, most federally-funded and many state-funded construction projects must involve surety bonds.
Our construction team can guide you through the bonding process and assist in establishing a business relationship with a surety company. Our Firm’s services include preparing audited financial statements in accordance with generally accepted accounting principles.
Additionally, we work to minimize your taxes and maximize working capital requirements for bonding purposes.
Contact Randy G. Brammer, CPA, CCIFP for additional details.