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Author Question: What factors are considered by surety underwriters when determining how much bond coverage they will ... (Read 91 times)

sam.t96

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on: Jul 26, 2018
What factors are considered by surety underwriters when determining how much bond coverage they will provide to a construction company?
 
  What will be an ideal response?

Question 2

What is the purpose of the strategic assessment?
 
  What will be an ideal response?


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gcook

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Reply #1 on: Jul 26, 2018
Answer to Question 1

The primary factors considered by surety underwriters when determining how much bond coverage that they will provide are the reputation of the company and its leaders, the capacity of the company to undertake work, and the financial condition of the company.

Answer to Question 2

The strategic assessment serves as a baseline for the development of a strategic plan. It involves assessing the strengths and weaknesses of the company and forecasting the future business environment.


sam.t96

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Reply #2 on: Jul 26, 2018
Thank you!


gcook

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Reply #3 on: Jul 26, 2018
Always glad to help...


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