Developing and delivering innovative solutions in the surety Marketplace... "Building You"
Project Controls Accounting Support
For start-up, small or struggling contractors one of the most critical aspects to reducing the frequency and severity of bond claims is the ability to effectively and accurately manage each project financially. Inadequate project accounting is the number one cause of contractor failure in the industry and poses the greatest risk to both a surety and your success. Recognizing and mitigating this risk is another way Trident can build your bonding line quickly. Trident offers proven and sophisticated project controls accounting support allowing you to effectively manage your project’s financial health. From project budgeting, to subcontractor accruals, to change orders, our simple yet effective project controls accounting support will monitor your project’s financial health and maximize your company’s profitability. By sharing this tried and true accounting support with you, Trident is able to extend the maximum surety credit possible in the industry and quickly increase your bonding capacity.
Income Retention Program (IRP)
When it comes to “Building You” Trident stands alone in the industry. This concept is more than our motto, it is the foundation of our business. We believe the premiums you pay for bonds should not be viewed as a sunk cost and a drain on your bottom line, but used as means to grow your bonding capacity quickly and improve your balance sheet all at the same time. Our one-of-a-kind Income Retention Program (IRP) allows a portion of your bond premium to be retained by you. Additionally, the beauty of this program not only applies to the premium you pay, but by enlisting the help of your subcontractors, a portion of the bond premium they pay can also be retained by you. This retained income and the cumulative compounding effect over time allows you to rapidly and simultaneously build both a healthy balance sheet and your bonding capacity. Never before has a program like this existed. It is only offered from a surety that truly cares about “Building You”.
Wrecking, Demolition Bonds
Contractor’s License Bond
Timber Cutting Bonds
We offer a complete line of contract surety products including
In addition to our contract surety products, our Income Retention Program (IRP) and Project Controls Account Support solutions are two products offered by Trident, and are currently unheard of in the construction industry. These programs not only build your balance sheet, but minimize your overall construction risk.