Understand the Surety’s Approach to Contractor Liquidity Analysis
Contractors must understand the surety’s approach to liquidity analysis to steer the bonding company—rather than being steered by it.
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Matt Burchett is a partner in the Charleston, W.Va., office of Brown Edwards & Company, LLP, a Top 100 CPA firm in the United States. In addition to being a CPA/MBA/CVA, the author is registered with the CFMA as a Certified Construction Industry Financial Professional. For more information, please visit becpas.com.
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