Strengthen Your KPIs
ACTIVBonding’s enhanced bonding program supplements and works closely with you to strengthen your surety industry Key Performance Indicators (KPI): Capital, Capacity, and Character.
- Capital, as it pertains to the General Contractor, means having the proper financials in addition to a strong balance sheet and equity to support the bond.
- Capacity refers to resources and personnel. Does the contractor have the equipment, experience, knowledge, and skills necessary to complete the job?
- Character is exactly what you'd expect: trustworthiness. Does the General Contractor's record indicate that they have been responsible and have a proven track record of fulfilling their obligations and meeting the terms of their contracts?
To learn more about the surety industry’s three C’s, and how you can enhance your bonding capacity, please download our whitepaper on the Value of Enhanced Bonding.
Download the Whitepaper
