For years, bonds have been the way to protect against subcontractor default; but they are expensive and time-consuming to collect against. In addition, bond requirements decrease the pool of available subcontractors. More and more GCs are turning to Subcontractor Default Insurance as an alternative to bonds, often with significant savings and improved collections in the event of a default.
However, insurance isn’t the right solution in all cases. This special presentation is designed to teach you what you need to know about the costs and benefits.
This session is appropriate for general contractors, subcontractors, developers and risk management executives.
Speaker: Gregory J. Spaun, Esq. – Welby, Brady & Greenblatt, LLP
Cost: $75/AGC member
(includes continental breakfast)
Click here for a flyer and registration form.