Watermark offers expertise with both sureties and owners to ensure a successful outcome of the contracted project. We are accustomed to both friendly dispute resolution and hostile environments. Working with Watermark, you can be assured that we will provide you with reliable and accurate information on the status and potential issues of a project. We will alert your firm of the potential risks involved with re-procurement, at or near the time of default.
Accounting Services
-
- Payment bond claim accounting
- Claim Payment Administration
- Asset evaluation
- Salvage Valuation
- Payroll monitoring
- Prevailing wage / labor claims
- Claim and lien release negotiations
- Funds control
- Proper distribution of funds from Project Owner to subcontractors, vendors, suppliers, labor unions, etc.
Performance Bond Claim Consulting
-
- Payment bond claims from subcontractors, labor claimants, tax organizations
- Administration in concurrence with state and federal law
- Post General Contractor termination ratification of sub-contractors
- Completion contracting of distressed projects
- Staff Augmentation of distressed projects
- Project analysis
- Exposure analysis
- Preliminary evaluation
- Risk assessment
- Cost-to-complete estimates
- Take-over agreements
- Contract re-procurement
- Termination/default disputes
Watermark offers expertise with both sureties and owners to ensure a successful outcome of the contracted project. We are accustomed to both friendly dispute resolution and hostile environments. Working with Watermark, you can be assured that we will provide you with reliable and accurate information on the status and potential issues of a project. We will alert your firm of the potential risks involved with re-procurement, at or near the time of default.
Accounting Services
-
- Payment bond claim accounting
- Claim Payment Administration
- Asset evaluation
- Salvage Valuation
- Payroll monitoring
- Prevailing wage / labor claims
- Claim and lien release negotiations
- Funds control
- Proper distribution of funds from Project Owner to subcontractors, vendors, suppliers, labor unions, etc.
Performance Bond Claim Consulting
-
- Payment bond claims from subcontractors, labor claimants, tax organizations
- Administration in concurrence with state and federal law
- Post General Contractor termination ratification of sub-contractors
- Completion contracting of distressed projects
- Staff Augmentation of distressed projects
- Project analysis
- Exposure analysis
- Preliminary evaluation
- Risk assessment
- Cost-to-complete estimates
- Take-over agreements
- Contract re-procurement
- Termination/default disputes