Surety and Insurance

HCG works for principals and sureties in situations where the owner or contractor has filed a claim against a bid, performance or payment bond. In these situations, HCG has been asked to advise as to whether to complete the work in accordance with contract terms and conditions, or obtain bids and require the owner or contractor to complete the remaining work using the lowest responsible bidder. In circumstances where the surety elects to complete the work of the principal or insured, HCG can either assist the insured or step-in and manage the completion of the defaulted work.

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