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Published byOswin Simon Modified over 8 years ago
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The Chico Process
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From: Contractor To: Surety Agent Action/Result: Surety Bond requested
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From: Surety Agent To: Surety Company Action/Result: Requests authority to issue bond
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From: Surety Company To: Surety Agent Action/Result: Bond number assigned
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From: Bond Agent To: Contractor Action/Result: Bond information provided
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From: Contractor To: Obligee Result: Bond Data captured
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From: Website capture screen To: Obligee Result: Data ready to be verified
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From: Obligee To: Action/Result: Directed to proper company
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From: Obligee via To: Surety Receive/Send application Action/Result: Directed to proper company
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From: Surety Receive/Send application To: Surety database Action/Result: Search for a match
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From: Surety Database To: Surety Receive/Send application Action/Result: Match confirmed
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From: Surety Receive/Send application To: DHL eCourier or similar vendor Action/Result: Verified bond document
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From: DHL eCourier or similar vendor To: All parties to the bond Action/Result: Bond record distributed
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The Chico Process A verified bond record in each participants possession using non-proprietary open standards
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Thank you
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