The Financial Implications of COVID-19 on the Bonded Project

Recorded On: 04/22/2020

NASBP is excited to announce this special 90-minute panel seminar specifically addressing the financial ramifications of COVID-19 on the bonded construction project. Panelists will be addressing the financial issues from the surety, bond producer, banking, and contractor’s perspectives and providing some important tips for how to navigate these complex issues within the bonded job. The panelist diverse backgrounds and expertise make this session a perfect fit for every construction and surety professional, including agents, underwriters, claims professionals, contractors and supporting staff.

Larry McMahon

Executive Vice President & Surety Manager, Construction Services Group, Alliant Insurance Services

Mr. McMahon is Executive Vice President and Surety Manager in the Construction Services Group for Alliant Insurance Services. Mr. McMahon has been in the surety industry for over 30 years, providing surety and construction management advice to clients nationwide.

Colin K. McCarthy (Moderator)

Principal, Lanak & Hanna, P.C.

Mr. McCarthy is a shareholder and principal Attorney at Lanak & Hanna, P.C. He has been helping contractors and sureties solve problems and manage risk for the past 20 years.

Mark Martinez

Senior Vice President, Ontario Regional Manager, Pacific Mercantile Bank

Mr. Martinez is Senior Vice President at Pacific Mercantile Bank in the Inland Empire. He has been providing financial solutions for all sizes of construction accounts for nearly 30 years.

Mark Tackmann

Managing Partner, Gelman, LLP

Mr. Tackmann is the Managing Partner of Gelman, LLP, and has been delivering financial and accounting services to a diverse range of clients within the construction industry for over 20 years.

Richard Tasker

President, Sage Associates, Inc

Mr. Tasker is the President of Sage Associates, Inc., a consulting firm in Orange County. Mr. Tasker brings more than 35 years of experience and training to his work as a construction and surety consultant, including the takeover and completion of complex bonded projects.

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