SAO – 2012 Silver and Advocacy Awards
Tuesday, April 9th, 2013 @ 2:32PM
On behalf of the Surety Information Office, the Surety Association of Ohio received the 2012 Silver and Advocacy Awards.
Surety Association of Ohio – The Surety Association of Ohio performed several educational activities on the basics and benefits of bonding, including presentations to a large mechanical contractor on the importance and benefits of bonding larger subcontractors and to the African American Chamber of Commerce on bonding minority contractors and how to grow surety support. An SAO member also met with senior management at Sherwin Williams, including the vice president of enterprise risk management, who considered doing away with bond requirements in exchange for an irrevocable letter of credit. SAO educated management on the surety product, protection, and the bonding process.