SURETY CONSULTING

Sureties often face complex decisions requiring proper due diligence allowing for the surety to make informed decisions. Our surety consultants can expeditiously and efficiently ascertain the status of a troubled project. Trans Global Construction Consultants, LLC provides a comprehensive cost to complete analysis work product for our clients. We provide all necessary due diligence to enable the surety to evaluate its options. Trans Global understands the process and information required to protect the surety's interest.

Trans Global Construction Consultants assists sureties in evaluating, reorganizing and managing troubled construction projects for the surety industry. We possess the necessary construction proficiency to provide the surety with reliable information on the status and problems of a project.

Our management team provides clear and defined information to allow the surety to make responsible financial decisions and respond decisively to troubled projects, thus, leading to the avoidance of unnecessary, delays, expenses and losses.

Our surety construction management division specializes in distressed projects wherein Sureties have become involved. Trans Global provides management for all types of projects, small, large and/or complex, that include, bond claims, defaults, take-over and reassignments. We are experienced with respect to the intricacies of the Surety/Obligee/Principal relationships. In as such, knowledge of the subtleties of these relationships is vital to a successful outcome on troubled construction projects.

Trans Global Construction Consultants assists the surety in a variety of levels depending on the course of action required by the surety from a review status to on-site project management and administration.

Surety Services Include:

Project Analysis and Risk Assessment
Establishment of Percent Complete
Analysis of Project Schedule
Analysis of Cost-to-Complete
Take-Over Agreements
Preparation of Re-Bid Packages/ Ratification of Subcontractors and Vendors/ Contract Re-procurement
Project Oversight and Monitoring
Project Supervision and Management.
Payment Bond Claim Review and Analysis
Change Order/Claim Preparation and Negotiation
Reviewing Subcontractor/Vendor Work Scope and Accounting Information
Ratification Agreements
Litigation Support
Exposure Analysis
Termination/Default Disputes
Funds Management