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    • Home
    • About
    • Products & Services
    • Leadership
    • Contact
    • Meetings
    • Sign In
    • OBTV
    • Links
      • More Information
      • Legislation
      • DOE XBRL Orange Button
      • NREL
      • Sunspec Alliance
      • XBRL Orange Button
      • XBRL Solar
      • XBRL Construction Surety
      • CPC-Construction Progress
    • The Great Reset Dialogues
    • Review and Comment
    • Digital Surety Bond
    • PG&E On Bill Pilot
    • Digital Ecosystem
    • SBRM - General Contractor
    • FISTech Digital Ecosystem
    • DATA-Act-2.0

EN

  • Home
  • About
  • Products & Services
  • Leadership
  • Contact
  • Meetings
  • Sign In
  • OBTV
  • Links
  • The Great Reset Dialogues
  • Review and Comment
  • Digital Surety Bond
  • PG&E On Bill Pilot
  • Digital Ecosystem
  • SBRM - General Contractor
  • FISTech Digital Ecosystem
  • DATA-Act-2.0

SRC Digital Insurance Services

SRC Digital Insurance ServicesSRC Digital Insurance ServicesSRC Digital Insurance Services

Digitally Connecting Stakeholders with Capital & Financial Markets

Digitally Connecting Stakeholders with Capital & Financial MarketsDigitally Connecting Stakeholders with Capital & Financial Markets

Products and services

Surety Based Risk Mangement

Project owners, lenders, general contractors and other stakeholders share in the financial exposure that defaulting entities have on a project throughout the project ecosystem. 


The larger the project, the more likely significant defaults will cause material financial losses and could even undermine a projects financial sustainability. so the risk of default by any of the project participants needs to be managed as efficiently and cost effectively as possible.


An historical weakness with surety bonds was the communication of the ongoing progress of the “risk” to the surety on the bond so they were aware of a potentially deteriorating situation that may result in default. Previously, getting the information to the surety has been limited by the constraints of a paper based system. The negative implications such communications have had on the general/subcontractor relationship often resulted in situations where the surety is the last to know a problem exists. By the time the surety is notified the situation has often deteriorated to the point where the time required for the surety to understand the obligation is longer than the general/owner has with the delays adversely impacting the project and compounding the dispute. 


A common criticism of surety bonds is that they are merely a right to sue, or a source of recovery after years of litigation, not an effective partner at a critical time.


Surety Based Risk Management program uses evolving technology and data interoperability to improve the communication to the surety so that they can be an effective partner at that critical time because they were engaged instead of unaware. 

Data Sets for Surety Based Risk Management

Company Profile

XBRL-CET Company Profile


Construction Progress Coalition/

Contractors Open Standards Alliance

ConsensusDocs721 -Company Profile


Small Business Administration

SBA Form 994 - Application for Surety Bond Guarantee Assistance


Financial Reporting

XBRL Taxonomy

XBRL Orange Button

XBRL Contractors Financial Statement

XBRL Work in Progress


Solar System Monthly Operating Report


Construction Monthly Pay Application

Construction Progress Coalition/

Contractors Open Standards Alliance

 AGC/COSA Application for Payment 


Supply Chain Monthly Report


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