Surety Consulting & Support

Our extensive experience in all phases of the construction industry makes GREYHAWK one of the most active construction and surety consultants. We provide a variety of services to the surety and its counsel. Our staff has experience with a wide range of industries and diverse contract arrangements, such as Engineering, Procurement and Construction (EPC) contracts, design-build, lump-sum, fixed-fee, reimbursable costs and variations of each, in both the public and private sectors, which provides GREYHAWK with the ability to respond to a variety of complex issues.

Throughout our history, GREYHAWK has provided owners, sureties and their bond principals with sound professional advice and assistance to make the appropriate, critical project decisions that fulfill bond obligations, while maintaining the focus on the mitigation of damages and accurate exposure analyses and forecasting.

GREYHAWK’s surety services are broken down into four main categories:

Underwriting Advisory services, including:

  • Due diligence
  • Bid evaluation
  • Contract terms review
  • Intelligence gathering

Pre-default Project services, including:

  • Change order resolution
  • Time extension requests
  • Unbiased project status evaluation
  • Payment bond claims investigation/resolution
  • Default avoidance negotiations

Post Default services, including:

  • Risk assessment
  • Completion strategy
  • Takeover negotiations
  • Requests for equitable adjustments
  • Rebid process management
  • Subcontractors ratification
  • Project financial audit
  • Principal financial audit
  • Subcontractors financial audit
  • Cost-to-complete analysis
  • Dynamic exposure analysis (“what if” scenarios)
  • Complete project management/oversight
  • Operating escrow accounts management
  • Documents management
  • Project close-out
  • Asset liquidations/recovery

Litigation Support services, including:

  • Claims and counterclaims preparation/defense
  • Expert services
  • Mediation/ADR support
  • Trial preparation/strategy
  • Demonstrative evidence/trial exhibits