Funds Administration: An Important Tool for Sureties and Contractors

Funds administration is a method sureties use to minimize the possibility of a claim against a payment bond. It can also benefit contractors by enhancing their ability to obtain surety credit and teaching them how to manage cash flow and project funds.

For more information, see the 2025 NASBP Surety Bond Quarterly article, “Changing Attitudes Towards Funds Control Companies.”