SURETY FINANCIAL BENCHMARKING - HOW DOES YOUR FINANCIAL STRENGTH COMPARE TO YOUR COMPETITORS?

WEDNESDAY AUGUST 18, 2021 | 8AM - 10AM

$30 MEMBERS / $60 NON-MEMBERS

LOCATION: ABA OFFICE
2552 W. ERIE DR. TEMPE, AZ 85282

BREAKFAST INCLUDED

CONTENT WILL INCLUDE, BUT WILL NOT LIMITED  TO:

· Financially, how do building contractors, civil contractors and the various trade contractors’ financial ratios & benchmarks differ from one another?

· What are healthy financial ratios for the various types of contractors?

· Gain an understanding as to the importance of your relationship with your bond agent and how the bond company can impact your business.

· Learn specifically how a Surety Company analyzes your Company’s financial statement when extending single project and aggregate program bond credit.

· Understand how the balance sheets of varying construction trades differ.

· What does your balance sheet need to look like to achieve specific revenue and single project goals?

· What financial ratios are most important to bonding companies and banks when it comes to underwriting your company.

· Are you a best in class contractor? – see specifically what the overall gross profit, overhead and net income of specific best in class trades looks like.

Speakers

Chris Schick
Travelers

Dave Christensen
Liberty Mutual

Mike Specht
Minard-Ames/INSURICA

Pat Hedges
Constructors Bonding, Inc.