Find Your Bonding Capacity.
The advisory firm Miami contractors use when bonding is the constraint on growth. Review engagements coordinated through our licensed partner firm. Bond-tested financials. Built by people who understand your WIP schedule.
60 minutes with Rafael. Written recommendations. Zero sales pitch.
Your bonding capacity is capped. Your CPA is probably why.
Most accounting firms don't understand construction accounting. They hand the surety a trial balance, a vague P&L, and a WIP schedule held together with duct tape. The surety underwrites conservatively because they have to, and your bonding line sits capped at a number that's below what your business can handle.
Then you lose a bid. Or you accept a smaller job when you could have bid the larger one. Or your competitor, whose CPA does this work properly, takes the contract you should have won.
Your financials are the constraint. We fix the financials.
The 5 things sureties actually grade.
Your bonding capacity is determined by a short list of metrics. Most contractors never see them.
Working Capital Ratio
Current assets minus current liabilities. Sureties multiply this by 10x to 20x to calculate your single-contract and aggregate bonding limits.
Current Ratio
A snapshot of liquidity. Below 1.3 and your capacity shrinks fast, underwriters assume you can't meet obligations without bonding stress.
Debt-to-Equity
How leveraged you are. High D/E ratios spook sureties, it signals the wrong kind of aggressive growth.
Net Profit Margin
Consistency matters more than size. A 3% margin held for 3 years reads better than a 12% spike followed by a loss.
A/R Aging + WIP Quality
Your Schedule III (contracts in progress) is the most-scrutinized document in your file. Weak WIP destroys capacity faster than anything.
What's inside a WAYG Bond-Ready engagement.
17 distinct deliverables in a single bound package. Every schedule sureties require. Every appendix that finds bonding capacity.
Standalone market rate for comparable review reports: $5,000 to $15,000 per year. Bundled into your monthly subscription at WAYG.
MIGS: A $4M telecom contractor needed $8M in bonding capacity.
The situation. MIGS (a Miami-area specialty telecom contractor with federal government contracts) came to us with a bonding capacity problem. Their previous CPA was producing decent tax returns but the financial statements were not surety-ready. WIP accounting was rough. Schedules were missing. Their single-project bonding limit was capped at a number below what they wanted to bid.
What we did. We rebuilt the WIP schedule from the ground up, pulling contracts, costs, and billings into a proper cost-to-cost percentage-of- completion model. We rebuilt the books and WIP, and our partner firm issued the Review Report, 24 pages, every supplemental schedule, bank line-of- credit verification letters, equipment inventory, the works. We coordinated directly with their surety on underwriter questions.
The outcome. Their bonding capacity grew materially. They started bidding contracts they couldn't touch six months prior. Federal contract pipeline opened up. The annual review now gets refreshed every year, quarterly compilations keep their surety confident between reviews, and their bonding line keeps pace with the business.
MIGS is a pseudonym used with client permission. We can share the actual engagement details, including the 24-page deliverable and anonymized financials, on a discovery call if you want to see exactly what this level of rigor looks like.
Pricing for contractors who are serious about bonding.
Fixed monthly. Everything bundled. No hourly surprise invoices.
Premium / Bond-Ready
$2M to $10M contractors. Specialty trades. Firms growing into serious bonding capacity.
- Everything in Growth tier
- Annual Review Report through our licensed partner firm (bonding-ready, 24+ pages)
- Quarterly compilation-level financials
- Monthly advisory calls
- Proactive tax planning (September + December)
- Multi-state nexus monitoring
- Payroll oversight + compliance
- Annual entity structure review
- Ralf's direct line, one-business-day SLA
- Tier 2 premium gift + anniversary recognition
Elite
$10M+ contractors. Federal contractors. Aggressive bonding growth. Multi-entity.
- Everything in Premium / Bond-Ready
- Quarterly review-level financials (not just compilations)
- CFO-level monthly advisory (strategic, not just operational)
- Advanced tax planning (R&D credits, cost seg, 1031, multi-entity)
- Federal contract bid support (pre-bid financial prep)
- Dedicated Service Team capacity allocation
- Ralf as your primary relationship (not delegated)
- Tier 3 premium gift box + quarterly recognition
- Board-meeting attendance invitation (2x/year)
Enterprise Add-Ons, stack on Elite as your scope grows.
Transparent pricing, even at the top. No "call us for pricing" wall, every number is published because your scope determines your cost.
Example stack: A $50M federal contractor with 3 entities, monthly reviews, and weekly advisory = Elite ($5,999) + 2× Multi-entity ($3,000) + Monthly reviews ($2,000) + Weekly advisory ($1,500) = $12,499/month. Every dollar mapped to real scope. No surprises.
How we work together.
Bonding Capacity Review
60 minutes with Rafael. Free. You share your financials and bonding goals. We diagnose what is limiting you.
15-Day Onboarding
Handwritten welcome. Portal setup. Books audit. Clarity Report delivered by Day 5 with specific findings.
Annual Review Engagement
45 to 60 days from kickoff to issued report. 24-page Bond-Ready package. Surety receives it in whatever format they prefer.
Ongoing Quarterly Rhythm
Quarterly compilations. Monthly advisory. Tax planning. Bonding line grows with the business.
Questions contractors actually ask.
What's the difference between a compilation, a review, and an audit?
Three levels of financial-statement assurance. Compilation: no assurance, the accountant presents what you give them. Review: limited assurance through analytical procedures and inquiries of management. Audit: high assurance through substantive testing. Review and audit engagements are attest work, so they are performed and the report is issued by a licensed CPA firm. WAYG prepares and maintains the books, the WIP, and every supporting schedule, then coordinates the engagement end to end through our vetted partner network. Most contractors need a review for bonding up to $25M in capacity.
How fast can you produce a bonding-ready report for us?
45 to 60 days from engagement signing to issued report for a standard annual review. Faster is possible in urgent situations but may require a compilation bridge while we complete the review. Tell us your bond renewal date and we'll work backward from there.
Can you work with our existing surety and bank?
Yes. Most of our clients already have surety and banking relationships when they come to us. We deliver our package in whatever format your surety prefers (PDF, bound hard copy, digital platform upload), and we coordinate directly with their underwriters when useful. Bank line-of-credit verification letters are included in every engagement.
Do you handle federal contract compliance?
We are not DCAA auditors, but federal contractors are a big part of our client base and we know how to structure financials so they hold up under federal scrutiny. For DCAA-specific audits we coordinate with a specialist firm; for everything else, we handle it.
What's SSARS 25? Why does it matter?
SSARS 25 (effective December 2025) is the AICPA's updated quality management standard for review and compilation engagements. It requires the firm performing the work to maintain a formal Quality Management System. Your review is performed by a licensed CPA firm in our partner network that maintains one, and WAYG coordinates the engagement and prepares everything it runs on. If your current provider does not, their reports may be at risk of surety pushback.
How long does a typical annual engagement take?
Most of the work happens in the 6 weeks leading up to report issuance. Outside of that window, you interact with us as you would any monthly accounting firm, books, tax, quarterly advisory, ad-hoc questions. The bonding work is bundled into your subscription, not billed as a separate project.
Can we switch CPAs mid-year?
Yes. Most of our contractor clients come to us from another firm. We've built a clean transition playbook, books cleanup, WIP rebuild, comparative year reconciliation, surety notification, that usually takes 2 to 4 weeks. Bring us your prior year's reports and we'll tell you exactly what the transition looks like on a free 60-minute call.
Do you do payroll and bookkeeping, or just the bonding work?
Both, bundled. A Bond-Ready engagement at WAYG includes monthly bookkeeping, quarterly compilations, the annual review coordinated through our licensed partner firm, tax returns, advisory, payroll oversight, multi-state monitoring, and the ad-hoc compliance work that contractors always need. It is one complete relationship for the whole finance function, priced as one monthly subscription.
What accounting software do you work with?
QuickBooks Online (most common), QuickBooks Desktop, Xero, Sage 100 Contractor, Foundation Software, and Procore (via integrations). If you're on something else, we'll evaluate it on the discovery call. We don't force platform migrations unless the platform is actively hurting you.
What does the Bonding Capacity Review (the free assessment) include?
60 minutes with a senior tax pro from the WAYG team. You share your current financials, tell us your bonding goals, and we diagnose exactly what's limiting your capacity and what we'd do about it. You leave with a written summary and specific recommendations. No sales pitch during the session. If you want to engage us afterward, you tell us.
You've been leaving bonding capacity on the table.
Let's find out how much. 60 minutes with Rafael. Written recommendations. Zero sales pitch.
Book My Bonding Capacity ReviewFurther reading: Tax Tips for Construction Businesses · Construction and Trades Accounting
WAYG is not a CPA firm. Returns are prepared first party by an IRS PTIN holder with Enrolled Agent candidacy in progress. Attest work, including review and audit engagements performed under the Statements on Standards for Accounting and Review Services, is performed and issued by a licensed CPA firm in our vetted partner network. WAYG prepares the underlying books, WIP, and schedules and coordinates the engagement. Case study details are presented with client permission using the pseudonym "MIGS" to preserve confidentiality. This page is educational and does not constitute engagement advice for your specific situation.