Delta Consulting Group’s pre-default services provide the Surety with timely and valuable information that has proven effective in preventing or mitigating losses. Post default, Delta’s services have proven to be instrumental to the successful closing out of numerous multi-project defaults involving multi-million dollar projects.

Delta’s professionals are experienced in assisting Sureties with a wide range of services that range from initial investigations and “Quick Read” assessments to highly complex Take Over or Tender arrangements on multi-project defaults. Because Delta’s professionals have real world experience, we are highly effective in negotiating sub-hold agreements which are imperative to a successful completion team. Further, Delta’s Risk Management expertise is brought to bear to achieve properly balanced risk sharing when re-letting a project to insure completion prices do not include excessive contingencies. By combining the talents of our engineers, forensic accountants and construction managers, Delta provides a full service comprehensive and coordinated approach to resolving the performance claim while minimizing the loss.

Services: 
Initial Investigations
  • Exposure Analysis
  • Financial Analysis – Corporate and Indemnitor
  • Analysis of Contractor’s Corporate Structure
Post Termination
  • Cost to Complete Estimate
  • Completion Strategy and Project Management
  • Surety Defenses Evaluation
  • Supervise Takeovers, Tender & Re-
  • Fund Control & Trust Account Management
  • Affirmative Claim Evaluation & Preparation
  • Asset Recovery
Dispute Resolution
  • Expert Witness Testimony
  • International Arbitration & Mediation
  • Litigation Analysis, Supervision & Management

Our goal is to apply our technological expertise and the experience of our seasoned construction experts to insure the Surety’s loss is minimized while assisting the Surety to timely meet its performance bond obligations.