What is funds control?

Why should a contractor
use funds control?

How does the
process work?

What are the benefits
of using NAICC?

Who else can benefit
from this service?

How does a contractor
get started?

Online Order
Form

Home Office Access

A Danielson Indemnity Company

Who regulates NAICC?
We are regulated by the California Department of Insurance.

How much does the service cost?
Our fees depend on a number of factors, including the type of job, amount of the contract, and the number of site visits required (if any). But they are always very competitive and flexible to meet our clients' needs.

How can you provide nationwide service if you are located in California?
Although our central processing center is in California, we have an extensive network of consultants nationwide who handle local site inspections and other services. In addition, the checks are sent to our clients via overnight mail everywhere in the United States so geographic distance is not an issue.

How will it look to the Contractor's subcontractors and suppliers if NAICC is issuing the checks?
The Contractor's or Borrower's name is printed on our checks so they look like they are their checks. In addition, if we are ever asked about our relationship with the Contractor or Borrower, we present ourselves as a cash disbursement service designed to eliminate this administrative burden from the Contractor or Borrower, allowing him or her to concentrate on project completion.

How soon are the Contractor's or borrower's invoices paid?
In most instances, we pay invoices within one day of the time the funds are available from the Obligee or Lender, provided we have received all the proper documentation at least 10 business days in advance of that date.

Is NAICC insured?
Yes. NAICC is fully insured, including a policy covering errors and omissions.

Can your service be used for claim workout situations?
Yes. We work with sureties in claim situations where the project in default is required to have funds control.