JKL Construction Chooses Direct Surety to Obtain Bid, Performance and Payment Bonds, Citing New Direct Model that Increases Profit-Making Ability
Foster City, CA—March 31, 2015—Contractor JKL Construction Services, Inc. has this advice for other contractors: educate yourself on the benefits of going directly to the underwriter, instead of through broker networks, for bid, performance and payment bonds.
“I used to rely on broker networks for my surety bonds, but I often felt they put the ‘squeeze’ on me and were not particularly interested or knowledgeable about my business,” said Craig Bjorkman, President and CEO of JKL Construction. “Instead, with Direct Surety, I am working directly with the underwriter who not only helps me get bonds quickly and at the best price, but also identifies potential risks in my business. I recommend that other contractors pick up the phone, spend five minutes with Direct Surety, and educate themselves about the advantages of going direct to obtain bid, performance and payment bonds.”
Direct Surety is championing a whole new way to enable contractors to go direct to an underwriter for surety bonds, rather than through a broker or middleman. Because Direct Surety is the underwriter, contractors have a direct, one-on-one relationship with the decision maker to establish bonding limits and pricing.
Tapping into years of experience in the construction, bonding and banking industry, Direct Surety underwriters work with contractors to identify and manage risks in their businesses that could lead to failure if not addressed. The company’s proprietary Enterprise Risk Management (ERM) solution is available to all Direct Surety customers without charge.
“Direct Surety is now part of my team,” said Bjorkman. “They not only provide the credit we need at the best price, but they empower our company by helping us figure out new ways to grow and be profitable.”
Watch a video of JKL Construction and Bjokman’s experience with Direct Surety and this new direct model: http://www.directsurety.com/videos
JKL, a California-based commercial building firm in business since 2003, has constructed some of the largest and most complex projects in the San Francisco Bay Area. JKL specializes in critical construction projects in healthcare, life sciences and technology, with highly technical clients such as Genentech, Bayer, Novartis and Lockheed Martin, in addition to schools, private and public building projects. The company contracts as design/builders, general contractors, construction managers and owner’s representatives.
About Direct Surety:
Direct Surety is positioned to be the leading U.S. provider of contract surety bonds enabling contractors to go direct to a surety underwriter rather than through a broker network. Direct Surety believes in empowering contractors to grow and prosper by connecting decision makers, promoting transparency, and offering tools to improve their operations and surety credit limits. The company’s primary focus is providing contract surety bonds directly to contractors, eliminating the need for a middleman and promoting a strong relationship directly with a surety underwriter. Direct Surety is led by an outstanding team comprised of experts from the construction industry, technology space and the surety field.
For more information, go to www.directsurety.com or speak directly to a decision maker at 877.512.6506.
Read our blogs about construction risks and management at http://www.directsurety.com/blog/
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