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The speaker will try to show how surety companies underwrite highway bonds; that is, how it is determined whether or not they can prudently issue them. The first thing to be considered is the contractor's financial condition. If his resources are found to be slender compared with the size of the job, that fact seems almost fatal in itself, without regard to any other considerations.
The speaker will try to show how surety companies underwrite highway bonds; that is, how it is determined whether or not they can prudently issue them. The first thing to be considered is the contractor's financial condition. If his resources are found to be slender compared with the size of the job, that fact seems almost fatal in itself, without regard to any other considerations.
Financing and Bonding Highway Work
Lunt, Edward C (author)
Transactions of the American Society of Civil Engineers ; 85 ; 1058-1060
2021-01-01
31922-01-01 pages
Article (Journal)
Electronic Resource
Unknown
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