Exclusive Bond Assistance Program with Hensel Phelps
Exclusive Bond Assistance Program with Hensel Phelps
At The Barbour Group, we’re dedicated to breaking down barriers for small businesses, ensuring they can confidently participate in large-scale construction projects. Our exclusive Bond Assistance Program with Hensel Phelps is designed to provide the support and resources subcontractors need to secure necessary bonds and excel in their field.
Why Choose Our Bond Assistance Program?
In partnership with Hensel Phelps and RLI Insurance Company, our program is tailored to meet the unique needs of small contractors. Whether you’re new to bonding or need additional capacity, we offer a comprehensive solution that includes:
Bonding Expertise: We specialize in securing bonds for over $160,000,000 in Hensel Phelps subcontracts, with a 92% success rate and no bond claims.
Personalized Support: Our program provides company-specific training to help you overcome financial and management challenges. We don’t just offer bonds; we help you strengthen your internal structure for long-term success.
Exclusive Rates: Enjoy pre-approved special premium rates, making it easier for you to compete and win Hensel Phelps subcontracts.
Program Features
Comprehensive Bonding Solutions: From Bid Bonds to Performance & Payment Bonds, we’ve got you covered.
Tailored Training Programs: Receive guidance in bid preparation, craft management, change order management, scheduling, accounting, insurance, and quality control.
Focused Growth: We help you build a stronger, more resilient business with the right strategies to achieve your long-term objectives.
Who Can Benefit?
If you’re a small business associated with Hensel Phelps and meet the working capital requirements, you’re eligible to participate in this program. Our goal is to improve participation of qualified small businesses on Hensel Phelps projects, supporting “first-time” bond users and those requiring additional bonding capacity.