Proven Bond Solutions
from The Bruner Group, a division of O&CO
We help contractors unlock and grow their bond capacity through strategic financial positioning and industry expertise.
- For a Texarkana utility contractor, we increased bond capacity fivefold to $75 million by aligning their financials and advocating to sureties.
- In Little Rock, we secured a capital retention agreement that allowed a general contractor to withdraw profits while preserving bonding strength and implemented a custom subcontractor default insurance program.
- After a fraud incident disrupted a bridge builder’s financial network in East Texas, we helped rebuild key relationships, resulting in a doubled bond line.
- For Murphy Oil, we arranged complex bonding solutions for offshore drilling and international closure projects in the U.S., Mexico, and Brazil.
Bond Case Study #1
10 years ago, the Bruner team helped a startup construction company obtain their initial bond capacity of $5 million with funds control. Surety credit stands at $300 million aggregate with personal indemnity removed! Early on, we recommended an equipment holding company to clean up the balance sheet and manage debt. Later, we helped identify and assisted transition to a new CPA and seamlessly moved their account from one surety to another. With this client’s success and our continuous counsel and open dialogue with client, CPA and primary and backup sureties, we’ve played a significant role in this company’s success.
Bond Case Study #2
Five key people from a bankrupt highway contractor came to the Bruner two years ago with lots of experience and talent but no capital, wanting to form a new highway construction company. We worked with the five from inception, helping with paperwork to qualify for performance and payment bonds with a new surety for $4 MM backed by the SBA and negotiated with the surety of the bankrupt contractor to allow the new company to finish to two incomplete jobs. This jump-started the new company while saving liquidated damages, money and time for surety of the bankrupt company. Two years later the new company $20 million aggregate surety credit.
"This is how it's done"