A mid-sized regional developer specializing in residential and commercial construction was unaware that $110,000 in unused municipal bond deposits from a 2014 project were still being held by a Midwestern jurisdiction. Asset Management Consultants (AMC) discovered the outstanding funds and proactively reached out to alert the client.

Initial outreach was met with skepticism. The client questioned the legitimacy of the opportunity and was hesitant to engage. However, after several rounds of communication and verification, AMC secured an executed contract in late 2021—and immediately went to work.