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Protecting Bonding Capacity During an ESOP Transition | Alan Starks
What happens to a contractor’s surety bonding program when ownership transitions to an ESOP?
In this episode of the Construction ESOP Collective, Chuck Mazzanti sits down with Alan Starks, Senior Vice President - Surety at Christensen Group Insurance, to explain how surety teams evaluate construction ESOP transactions and why early, transparent communication matters.
Alan brings a unique perspective from working with ESOP-owned contractors and inside a 100% employee-owned organization.
They discuss how an ESOP transaction can affect bonding capacity, why surety teams focus on working capital…
The skinny
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