Course Offerings and Curriculum

The Cayemitte Group offers a full complement of bonding education and bonding readiness courses to fit the needs of individuals, firms and organizations of every size and profile. Upon request, the general courses outlined below can be custom-tailored to focus on specific areas of need. Contact us for more detailed information regarding curriculum offerings and fee structure.

3-hour course

The Basics of Bonding

  • Industry Overview
  • Why Bonding is Critical
  • Bonds vs. Insurance
  • Role of the Surety Company
  • Key Reasons for Contractor Failure
  • Positioning Your Firm for Success
  • Overview of the Submission and Underwriting Processes

1-day course

9 AM to 12 Noon

The Basics of Bonding

  • Industry Overview
  • Why Bonding is Critical
  • Bonds vs. Insurance
  • Role of the Surety Company
  • Key Reasons for Contractor Failure
  • Positioning Your Firm for Success

1 PM to 5 PM

  • Overview of Risk Management Process
  • Underwriting Guidelines
  • How to Mitigate and Manage Risk
  • Company Presentation
  • Surety Documents and Legal Implications
  • Overview of Submission Process
  • Overview of Bid Award Process

1½-day course - (10 hours)

(This curriculum is also offered as a 4-week course, 2 hours per week)

Day 1 - 9 AM to 12 Noon

The Basics of Bonding

  • Industry Overview
  • Why Bonding is Critical
  • Bonds vs. Insurance
  • Role of the Surety Company
  • Key Reasons for Contractor Failure
  • Positioning Your Firm for Success

Day 1 - 1 PM to 5 PM

  • Overview of Risk Management Process
  • Underwriting Guidelines
  • How to Mitigate and Manage Risk
  • Company Presentation
  • Surety Documents and Legal Implications
  • Overview of Submission Process
  • Overview of Bid Award Process

Day 2 - 9 AM to 12 Noon

Internal Infrastructure and Management

  • Eliminating Common Elements of Contractor Failure
  • Review of Appropriate Systems
    • Billing
    • Account Reconciliation
    • Records Retention
  • Strategic Planning
  • Staffing and Human Resources

Basic Accounting Principles

  • Compilation, review and audit

3-day course

BONDING UNIVERSITY - The Nuts and Bolts of Bonding

Day 1 - 9 AM to 12 Noon

The Basics of Bonding

  • Industry Overview
  • Why Bonding is Critical
  • Bonds vs. Insurance
  • Role of the Surety Company
  • Key Reasons for Contractor Failure
  • Positioning Your Firm for Success

Day 1 - 1 PM to 5 PM

  • Overview of Risk Management Process
  • Underwriting Guidelines
  • How to Mitigate and Manage Risk
  • Company Presentation
  • Surety Documents and Legal Implications
  • Overview of Submission Process
  • Overview of Bid Award Process

Day 2 - 9 AM to 12 Noon

Internal Infrastructure and Management

  • Eliminating Common Elements of Contractor Failure
  • Review of Appropriate Systems
    • Billing
    • Account Reconciliation
    • Records Retention
  • Strategic Planning
  • Staffing and Human Resources

Day 2 - 1 PM to 5 PM

Contracts and Claims

  • Contract Negotiation and Administration
  • Contract Prosecution and Dispute Resolution
  • Negotiating the Intricacies of Surety Performance and Payment Bonds

Day 3 - 9 AM to 12 Noon

Finance and Accounting

  • Understanding Your Credit Score
  • Fundamentals of Accounting
  • Debits and Credits
  • General Accounting Theory and General Ledgers

1 PM to 5 PM

Finance and Accounting

  • Principles of Job Accounting
  • Reconciling Reports, Aging, Accounts Payable
  • WIP (Work In Progress) Schedule
  • Interim Financials
  • Insurance
  • Bond Request Process
  • Status Reports

Course Offerings and Curriculum