Assurance Screening Benefits for Subcontractor Screening

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Assurance Screening Benefits for Subcontractor Screening

  1. 1. Assurance Screening’s Subcontractor ScreeningProgram Features & BenefitsWith customizable business screening and verification processes, document collection and management services,Assurance Screening can assist your organization in mitigating the risks associated with the hiring and contracting ofyour subcontractors and trade partners.  Eliminate exposure to changes in coverage amounts or fraudulent liability insuranceThrough our producing agency verification, our clients are immediately notified if anything is changed, altered, orcancelled with their subcontractors/trade partners insurance coverage.Client dictates pre-qualification parameters through “Unique Screening Criteria”Client sets their screening parameters through choosing their customized “Unique Screening Criteria” (USC). Uponprogram commencement, the Assurance Screening team then contacts and screens your subcontractors and tradepartners based on your organization’s risk-management guidelines and parameters.Details and results are provided through online detailed report access and throughweekly emailed report summaries.Decrease interruption of business activitiesAssurance helps your firm determine the financial stability of your subcontractors andtrade partners by pulling public records for bankruptcy filings, tax liens, and filedjudgments. Assurance also has the ability to pull further detailed types of businesscredit reports should your firm require a more detailed internal analysis. All of whichmay be executed at any frequency, as chosen by the client.Creates a win for your business partners  Assurance is also a “self-check” device so your subcontractors and vendors know whatinformation on their business may be fraudulent or incorrect.Significantly lowers our client’s vendor & subcontractor internal auditing costsBecause the Assurance Screening process is designed with flexible pricing in mind,you can significantly decrease the costs incurred to manage and screen your businesspartners. Pricing options available include:  Subcontractors/vendors cover the cost  Client company covers the cost  Client & subcontractors/trade partners split the costAbout Assurance ScreeningAssurance Screening specializes in due diligence and screening evaluations associated with our clientssubcontractors, vendors, suppliers and employees. We achieve this through effective collection and verificationof insurance certificates, comprehensive business and individual background screening, as well as otherdetailed risk management parameters.Assurance Screening, LLC is also an active member the Associated General Contractors, the AssociatedBuilders and Contractors, and the National Association of Professional Background Screeners. AssuranceScreening, LLC is a Texas-based HUB certified Woman Owned/Minority Business Enterprise and has beenserving our clients’ needs since 2009. www.assurancescreening.com ©2012Assurance Screening, LLC

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