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Funds Administration Specialists
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What is funds administration?

Why should a contractor
use funds administration?

How does the
process work?

What are the benefits
of using CBR?

Who else can benefit
from this service?

How does a contractor
get started?

Online Order
Form

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A Danielson Indemnity Company

 

 

 

What are the benefits of using CBR?

There are a number of important benefits from using CBR, including . . .

  • Low rates save money

  • No general holdback or reserve other than retention (unless required by the Surety or lender)

  • Prompt review of contractors' payment vouchers

  • In most cases, payments are released within one day of the time the contract funds are available, provided CBR receives proper documentation at least 10 business days in advance of that date

  • No initial setup fee

 

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