Bonding Success Stories The following are just a few of the many surety program success stories we could share. Expanded Surety & Profitability Market Availability Pays Off Creative Surety Solution Delivers Surety Capacity Negotiation

Contract Surety Bond Programs Business Insurance Associates, Inc. has an independent contract surety account executive dedicated towards providing Alaskan construction contractors with qualified contract surety programs, tailored to their specific needs and strengths. BIA has access to a number of programs and markets, allowing us broad latitude and leverage when negotiating terms of the program on behalf of our clientele. Over the last decade we have delivered hundreds of bid bonds, performance bonds, payment bonds, warranty/maintenance bonds, subdivision/developer bonds, and subcontractor bonds to contractors across the state. The 2008 Surety Market Report published in the Engineering News Record (ENR) and the 2008 Surety Section published in Construction Executive are now available. SBA Surety Guarantee Program Working in conjunction with the Small Business Administration (SBA) and select surety companies, this program is designed for smaller or disadvantaged contractors to apply for SBA backing, thus lowering the risk to the surety company, and ultimately leading to greater approval potential and capacity. Business Insurance Associates, Inc. is currently one of only a few brokerages in Alaska to offer this service and capability. $250K & Under Contract Surety Bond Program BIA has access to multiple contract surety programs designed for smaller or beginning contractors who generally compete for contracts at $ 250,000 and under. The program does not require submission of financial statements, and features a streamlined application with quick turnaround times on bond requests. Site Development/Sub-Division Surety Bond Program This contract surety program is designed for developers, contractors, builders and project owners doing work on private projects that involve adapting or extending existing infrastructure (generally water & sewer). These programs feature streamlined applications and generally produces results in 72 hours. Hubzone, DBE & 8a Contract Surety Bond Program While many of our programs are designed to accomodate contract surety requests from the initial bid phase, we can accomodate contractors that are awarded projects without a bid bond requirement, based on their designation as a hubzone, DBE or 8a contractor, and require the performance and payment surety bonds required to proceed forward with their projects. With markets that will accomodate collateral (ILOC or Real Estate), escrow funding, SBA backed requests, and outside indemnitors, BIA has the professional capability to put together a surety program that works. $250K + Contract Surety Bond Program This program is designed for mid-size to larger contractors that competitively bid projects in excess of $ 200,000 on a moderate to frequent basis. This program features professional business consultation and financial analysis from our surety department, and is geared towards providing the established contractor with a quality contract surety program that remains sustainable. Environmental Surety Program While some surety markets will not write contract surety bonds for projects that are environmental in nature, we have access to a couple different programs that will accomodate these type of requests along with surety requests that are standard in nature. This program is available to any contractor who may occassionally or frequently engage in projects that are environmental in nature or involve hazardous waste. Occasional Contract Surety Bond Program While capable of handling frequent surety requests and establishing comprehensive programs, we also realize that many contractors only occasionally seek contract surety bonds. This program is designed to accomodate the occasional contract surety requests and delivers a low maintenance program capable of meeting those needs.