Bonding Services
With over 50 years combined brokerage experience, the HF&C Surety Consulting Team has built trusted and productive relationships with a wide variety of surety companies. Let HF&C leverage those industry relationships on behalf of your business. We use our in-depth knowledge of how sureties evaluate your management, organizational structure and financial position to negotiate and work closely with underwriters to secure the best possible terms and conditions for a surety program which supports your firm’s business plans and objectives.
Along with offering the full array of Bid, Performance/Payment and Commercial Surety Bonds in a timely fashion, HF&C possesses powers-of-attorney with all major sureties to expedite the transaction process.
Surety Consulting Services
- Financial statement analysis, work-in-process schedules, cash flow with feedback
- Bid/contract specifications and bond form reviews
- Financial planning to maximize bond support
- Introductions and referrals to CPAs, attorneys, bankers and potential JV partners
- GC-CM/subcontractor/project owner prequalification
- Annual review of premium rates, capacity needs, and indemnity
- Back-up surety program as warranted
Our clients include general contractors, CMs, heavy & highway, bridge, steel erection, site, piping, electrical, environmental and specialty trades. We keep up to date with industry specific needs through our active involvement with the Syracuse Builders Exchange, Subcontractors Association of Central New York, Surety Association of Syracuse, Associated Builders and Contractors, and Associated General Contractors/NYS.
For our clients with multi-state or international risk, HF&C can assist with projects outside the local area. Through our partnership with Assurex Global we can provide bond professionals on site, in every state and over sixty countries, who can work seamlessly with local management and regulators to safeguard your business interests. Assurex Global has 572 offices worldwide which gives HF&C’s clients superior purchasing power all over the world.
Click here to learn more about John Sroka, our Vice President of Surety Bonds.
If you would like to learn about how Haylor, Freyer & Coon can help you with your surety needs, simply email jsroka@haylor.com
