Not sure I agree considering that I can get a lien bond right now from a carrier based on underwriting factors. I do appreciate that this is a financial guarantee. I am speaking to our carrier about the early release of retainage bond but was hoping you might have an alternative given their rates. I also want to start proposing bonds in lieu of retainage for future jobs. Again the issue is rate and cost benefit of having the money up front versus bond premium. I can provide the bond language if you like. I think there is a real opportunity here.
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