01
Change-order bond costs
We check whether bond cost was included where project terms may allow it, then tie each finding back to the source documents.
Bond cost recovery for contractors
Bond costs get missed on change orders. We find them.
Send us one closed bonded project. We compare the contract, change orders and surety premium to find costs that may have been left behind.
✓ No recovery, no fee
✓ Start with one project
✓ NDA available
✓ No system access required
Built for CFOs & controllers
Best fit bonded public & institutional work
First step one closed job
Pricing recovery-based
How money gets left behind
The change order closes before the bond bill does.
That timing gap is where a small missed line item can turn into margin you never collect.
01
The change order gets priced
Labor, material, equipment and markup go into the estimate. Bond cost can be easy to overlook.
02
The owner approves it
The change order is signed and the price is locked. The project keeps moving.
03
The bond premium gets trued up
The contract value changed, so the surety may adjust premium later. If bond cost was not included upstream, the contractor can be left holding it.
The question BondSweep answers: Did your team recover every bond dollar the contract allowed before the job closed?
30-second screen
How much bond premium touches your change orders?
This is not an estimate of recoverable money. It is a quick way to see whether the dollars are large enough to justify reviewing your closed jobs.
Bond premium exposure on those change orders$15,000
Simple screening math only. Actual premium treatment can depend on rate tiers, contract terms, surety terms and project facts.
Not a hypothetical
A real contractor missed $6,489.23 on 23 change orders.
The public court record gives us an unusually clear example of the exact failure BondSweep is designed to catch.
The change orders increased the contract value.
The 23 changes added $259,569.03 to the project.
The bond premium was tied to that increase.
The record calculated additional premium at 2.5%.
The bond cost was omitted from the estimates.
The referee recommended payment of $6,489.23. View source.
George Allen Construction Co. v. Ohio Dept. of Administrative Services
Ohio Court of Claims, Case No. 2000-04766
Missed bond premium$6,489.23
Change orders23
What was included
The estimates included labor, material and overhead/profit components.
What was missed
The additional bond premium was not included in the change-order estimates.
Why this matters
A repeatable project-level check could surface the omission before closeout or while recovery options are still clear.
What we audit
Three places bond dollars can slip through.
02
Final premium adjustments
When final contract value differs from the bonded amount, we check whether the final premium appears to have been reconciled.
03
Premium math
We rebuild the expected premium from the available rate structure and compare it with what was billed or credited.
Free first-pass audit
Bring one closed job. Get a dollar answer.
No ERP integration and no long implementation. The first review uses documents your team already has.
1
Send one project
Start with the contract value, bond invoice or rate, change-order log, final value and final premium adjustment if available.
2
We reconcile it
We compare contract language, change orders and bond premium. If something does not line up, we document the calculation and source.
3
You decide what to pursue
Your controller, PM, broker or surety professional can verify each finding. We do not contact anyone on your behalf without approval.
Low-friction pilot
You do not need to hand over your whole system.
Start narrow. One project is enough to learn whether a broader review is worth your time.
Redacted files are fineFor an initial screen, sensitive names or details can be removed if they are not needed for the calculation.
NDA availablePut confidentiality in writing before sharing project documents.
No credentials requiredThe pilot does not require Procore, ERP, broker portal or bank access.
Source-backed findingsEvery flagged dollar should trace to a document, rate or calculation your team can inspect.
Questions
What a controller will want to know.
The first audit is intentionally small and verifiable.
What do you need for the first review?
Original contract value, bond invoice or rate information, change-order log, final contract value and any final premium adjustment. If a potential finding needs more support, we identify the exact document needed next.
Do you replace our surety broker?
No. BondSweep is a contractor-side reconciliation service. Your broker or surety professional can confirm the premium treatment and help execute an adjustment when appropriate.
What if you find nothing?
Then you pay nothing for the recovery review and you have evidence that the project appears reconciled based on the documents provided.
Is every finding collectible?
No. Contract language, notice requirements, timing, owner rules, surety terms and project facts can affect recovery. We identify potential discrepancies and supporting math, not guaranteed collections.
Why would this get missed in the first place?
Change orders are priced during the job, while surety premium can be adjusted as contract value changes. The public Ohio case above shows a documented example where additional bond premium was left out of change-order estimates.
Founding customer pilot
See if one closed job left money behind.
We will review one completed bonded project for missed bond costs and premium reconciliation issues. No recovery, no fee.