Never question if a contractor’s fit for bonding again.
Brokers used to think that managing company profiles and bonds in spreadsheets, shared folders, and Outlook worked. What that did was introduce risk, and waste expensive time.
coSurety allows Canadian contract surety brokers to know their contractors, while managing their bid and final bonds in one simplified system.
The complete contractor assessment, end to end.
From pre-qualifying your contractor to issuing their final bonds. Fully manage your review process.
This way you keep all files, contractor communication, and bond activity in one place.
Making the following reviews manageable:
Company financials
Project experience
Management expertise
Ownership structure
Related companies
Company operations
Work program (work on hand)
References
Loan exposure
Equipment capacity
Accounts receivables / accounts payables aging
You’ll love feeling organized.
Understand your contractor’s facility utilization.
See how a contractor’s bond facility is being used at any time, so you know what capacity is available for their next big project.
Finally, trust your numbers and feel good about making informed decisions. See where each contractor’s facility is with:
real-time reports
graphs with dynamic overlays
trend mapping
system alerts
nudges for closing bonds
frequent financial reviews
interval adjustments
up to the second contractor scoring
Know the full story of each company you work with.
Automations to help your team move faster.
AI tools that reduce workloads, and keep your team focused on what’s important.
Use automations how you want and when you want. Perform with impact.
myDay notifications
contractor communications
enriched contractor profiles
scheduled financial reviews
summarized communications
There’s never a day that you don’t know what task to work on next.
Join our waitlist.
Be part of a select group with early access to coSurety.
Surety brokers that use coSurety easily work with:
Civil & Heavy Civil (eg., bridges, roads) contractors
Construction managers
Excavation & site work contractors
General contractors
Paving contractors
Utility contractors
Water and sewer contractors
Concrete contractors
Drywall contractors
Electrical contractors
HVAC contractors
Mechanical contractors
Plumbing contractors
Roofing contractors
and more
Your Questions, Answered
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We’re building in a phased approach. Contractor or developer clients can have access in phase 2. But, as the surety broker, you have full control of inviting all, some, or none of your contractor or developer clients. The choice is yours.
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At this time we’re focusing only on the Canadian market.
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Yes, digital signatures will be part of the bonding process phase. If your bonds need them, you can choose to use them.