The construction industry inherently contains a high level of risk. Hiring a contractor who is experiencing financial distress, does not have a valid contractor license or proper insurance coverage can be devastating to the job and to the general contractor.
ContractorShield includes financial due diligence of contractor companies as well as the management of licensing and insurance certificates on a job-by-job basis. GRMS’ screening and ongoing compliance management of contractors allows property development companies and general contractors to focus on managing projects with peace of mind and significantly reduce potential risks.
Benefits of the ContractorShield Program:
- Certificate Of Insurance Management
- State Level License Verification
- Disadvantaged Business Status Verification
- Health, Safety and Environmental (HSE) Screening
- OFAC Screening
- Financial Stability Analysis
- Document Collection