Surety Consulting

During the past decade, JGCMI’s personnel have participated in addressing the complex and challenging issues of the Surety Industry. Over these years, hundreds of bond claims and surety lawsuits were addressed, valued in excess of $70 Million. Specifically since 2006, JGCMI has managed over 70 claims valued in excess of $40 Million.

JGCMI understands the procedures and data required to protect the Surety’s interest and will provide a thorough evaluation to empower the surety to assess its options. JGCMI’s principle will provide explicit and distinct information/data that is required to enable the surety to make informed fiscal decisions and allow them to react promptly to distressed projects.

JGCMI’s surety services include, but are not necessarily limited to the following:


    1. Pre-Default Services:
      1. Prepare project status evaluations, including CPM schedule analysis
      2. Establish percent complete
      3. Provide cost to complete analysis
      4. Assess and monitor contract performance
      5. Evaluate potential change orders & claims
      6. Analyze project delays, including work stoppage, disruption and accelerations
      7. Facilitate dispute resolution
    2. Post-Default Services:
      1. Assist in the completion of Take-Over Agreements
      2. Prepare Contractor and/or Subcontractor re-bid packages
      3. Ratification of Subcontractors and Vendors, including new contracts/agreements
      4. Contract re-procurement
      5. Provide Project oversight and monitoring
      6. Provide Project supervision and management
      7. Payment Bond Claim review and analysis
      8. Prepare, submit and negotiate change orders and delay claims
      9. Review and/or monitor contractor/subcontractor/vendor scope of work & payment requests
      10. Provide litigation support
      11. Assist in the resolution of termination/default disputes