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Surety
Bonds
Bond Execution
Cavignac & Associates is a specialist in developing surety bond programs.
We maximize the surety creditworthiness of our clients by initially evaluating
bond program needs in our office. We apply our extensive surety underwriting
expertise, knowledge and relationships with key surety companies to obtain
the best surety program available.
Client Focus
Cavignac & Associates' surety clients range from small, local firms
to large international conglomerates in the following areas:
- Construction – Contractors
bidding and constructing both public and private works projects
- Subdivision – Developers
building public improvements
- Commercial – General
business clients in need of complying with license, permit or contract
obligations
- Court – Judicial or fiduciary
proceedings requirements
Industry Involvement
Cavignac & Associates is an involved member in various trade associations
that benefit both our surety clients and us:
- Associated Builders and Contractors
- Associated General Contractors
- Building Industry Association
- Construction Financial Management Association
- Engineering General Contracting Association
- National Association of Surety Bond Brokers
- Robert Morris Associates
- Surety Association of America Surety Companies
Cavignac & Associates
has relationships with over 30 surety markets. This enables us to place
your business with a market that will best support your business objectives,
not only for your immediate need, but long-term as well. All of the surety
companies Cavignac & Associates work with are rated by A. M. Best and
listed by the Federal Treasury.
Construction Bonds
Cavignac & Associates provides bonds for all trades
and sizes of contractors. Whether you're in need of a bond for the first
time, or you're interested in developing a more competitive bond program, we
can help. Jim Schabarum previously worked for national surety companies.
This gives Cavignac & Associates the unique advantage of thoroughly understanding
the underwriting process; the proper assistance in presenting your business
plan to the surety underwriters, and how to coordinate your professional
support team in realizing your company's goals and objectives.
Cavignac & Associates has dedicated construction, real estate and professional
liability divisions that focus on understanding and knowing the building
industry.
Surety Bond Program - General Information Requirements
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Subdivision Bonds
Cavignac & Associates has an extensive background in subdivision bonds,
which enable developers to comply with requirements from local municipalities.
We have the expertise to facilitate subdivision bond needs quickly at
a very competitive rate, from small permit/encroachment bonds to complex
master plan developments.
Subdivision Bonds - General Information Requirements
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Commercial Bonds
Cavignac & Associates
has underwriting authority with a number of national surety companies.
This enables us to promptly execute commercial bonds at competitive rates.
Commercial bonds cover statutory, lease, finance and other bond needs
that are not construction, subdivision or court-related.
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Court Bonds
Cavignac & Associates has developed a unique program with several
national surety companies, which allows us to simplify and expedite your
court bond needs. We understand that when court bonds are required, time
is of the essence. In general, once all pertinent underwriting information
is received, we can process your bonds ($2.5 million or less) within 24
hours. Bonds in excess of $2.5 million can generally be processed in less
than three days.
Court Bond Program
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