Managing A Bondable Business

Congresswoman Yvette Clarke, in conjunction with J.P. West Inc., are inviting principals and key managers of businesses to attend this first in a series of financial literacy workshops entitled, “Managing a Bondable Business.” The workshop is geared toward helping small business owners turn bonding into an advantage for their businesses by explaining how surety underwriters assess the bond worthiness of a business and how day-to-day business decisions impact a business owner's eligibility to secure the bonds needed in order to be awarded lucrative government contracts.

The conference was organized to enable principals and key managers of businesses to learn to understand the purpose of Contract Surety, complete the documentation required to obtain a bond, assess the tools used by bond underwriters such as Work in Progress Schedules, Schedule of Completed Contracts and Financial Statements, etc., understand HR 3771 (Rep. Clarke’s legislation that would facilitate bonding for certain small businesses) and reinforce knowledge of basic terms and concepts of Contract Surety.

Participants will be required to read materials provided in advance and to bring business documents needed to self-assess bondability. Come prepared to qualify for lucrative government contracts.

The event is free.  However, seating is limited and registration is absolutely required.

Principals and key managers of businesses who would like to attend this conference may RSVP at 718-287-1142, or dale.degale@mail.house.gov.