Level I

General Information
Online Registration for NASBP Members/Affiliates/Associates
Online Registration for Non-Members
Hotel Information
Course Curriculum
Schedule of Events
Continuing Education

Level I - Open Book Test

General Information

School Attire
Business casual for classes, business attire for the Graduation Dinner

Welcome Reception
A Welcome Reception for Level I & II students and faculty will take place on Sunday from 6:30 pm - 7:30 pm.

Level I Graduation Reception/Dinner
On Wednesday the reception will begin at 5:30 pm followed by dinner from 6:00 pm - 7:30 pm.

Fees
Must be paid in advance and include registration fee, course material, and instruction fees.  Travel, hotel accommodations, and incidental expenses are not included.

Registration

Register Online - NASBP Members/Affiliates/Associates

Register Online - Non-Members

Surety School Level I Fees

• Members/Affiliates - $1165

• Non-Members/Affiliates - $2330

Students will be accepted on a space-available basis.  Register Early!

Registration cancellation policy
All cancellations must be sent in writing to NASBP at clee@nasbp.org or via fax at (202) 686-3656. For a full refund, a written cancellation must be received 30 calendar days prior to the start of the meeting. Cancellations received between 15 – 29 days prior to the meeting are eligible for a 50% refund. Cancellations received in less than 15 calendar days prior to the meeting are not eligible for refunds.

CREDIT CARD CANCELLATION POLICY

Course Curriculum

Level I is intended for the novice producer, in-house bond department support staff, and those new to the industry. The curriculum includes: an overview of the surety industry, surety credit information gathering techniques, financial statement analysis, submissions to surety companies, commercial surety and introduction to claims handling.

Surety Credit Information Gathering Techniques

• General Contractor Information
• Letters
• Documents

Introduction to Contractors' Financial Statements

• Opinion Page
• Balance Sheet
• Income Statement
• Financial Statement Notes
• Work-in-Process

Submission to the Surety

• Bid & Final Bonds
• Design Build
• Joint Ventures

Commercial Surety

• Types
• Markets & Marketing

Claims

• Producer's Role in the Claim Process
• Surety's Options

Case Study

• Students are presented with a multiple year underwriting exercise and required to analyze and present solutions of how to manage it.

Schedule of Events

Continuing Education Credit

For more information, please contact Charnita Lee or call (202) 686-3700.

2012 Summer School - Credits by State - Level I