SubSecure℠

Using our SubSecure℠ service, Marsh’s Surety Practice can help you analyze a subcontractor’s financial standing and degree of default risk.

Project owners, engineering and construction firms, general contractors, construction managers, and specialty contractors face subcontractor default risk, and require critical support in determining subcontractor solvency prior to award. Using our SubSecure℠ service, Marsh’s Surety Practice can help you analyze a subcontractor’s financial standing and degree of default risk.

As part of our SubSecure℠ offering, you receive:

  • An individual SubSecure℠ report that scores subcontractors’ financial factors against 10 important areas to identify if they present a high risk for potential default.
  • An individual contractor "Z Score" report that is widely recognized as an indicator of potential financial problems.
  • A subcontractor portfolio report, to analyze the overall credit/financial quality of your subcontractors.

Based on the above reports, you can prequalify and determine whether to accept or decline a subcontractor. Or, for strong risks, you may elect to waive bonding requirements to achieve cost savings associated with bond premiums.