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The WIP...A Surety's Deep Dive 
June 24, 2013   1:00pm - 2:15pm

This surety expert will explain how his industry looks at the WIP schedule that we know so well - or do we? This session will help you:

  • Relate the significance of the WIP calculations from your surety's perspective

  • Recognize how your underwriter evaluates pure job borrow, overbillings and underbillings, and contract losses

  • Evaluate a surety's WIP trend analysis

  • Recognize what underwriters do with WIPs and how they can affect your bonding through real-life examples.

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