Why Bond Refunds Get Overlooked – And What It’s Costing You
ποΈ Why Bond Refunds Get Overlooked β and What You Can Do About It
Every year, billions of dollars in unclaimed property sit idle across the U.S. β and a surprising portion of that comes from bond deposits made during the permitting process for construction, development, and infrastructure projects.
π Unclaimed Funds: A National Issue
- ποΈ The National Association of Unclaimed Property Administrators reports U.S. agencies hold $4β6 billion in unclaimed assets annually
- ποΈ One state audit found over $27 million in construction-related permit or bond deposits left unreturned
- π§Ύ Some refunds date back over 15 years
β οΈ 6 Common Reasons Bond Refunds Are Missed
- π§βπΌ Staff Turnover β If the original poster of the bond leaves, the record is often forgotten
- ποΈ Poor Recordkeeping β Incomplete spreadsheets and siloed departments miss the refund trail
- ποΈ No Reminder from the Municipality β Agencies rarely notify you about available refunds
- π Multiple Jurisdictions β Refunds are harder to track across county and state lines
- π Legacy Projects β Older jobs can be lost in inactive project archives
- π Ownership Confusion β M&As or name changes obscure refund eligibility
πΈ The Real Cost of Missed Refunds
- π° Lost capital you could be reinvesting
- π Time wasted tracking down refunds manually
- π Risk of misaligned records that frustrate future audits or clients
At AMC, we’ve recovered single deposits as small as $50 and as large as $950,000 β all overlooked due to internal gaps.
π οΈ How AMC Helps You Recover What’s Yours
- ποΈ Proprietary database of government-held funds
- π₯ Full FOIA and claim submission on your behalf
- π Verification across states, names, and account types
And itβs 100% contingency-based. No recovery? No charge.
π Case Study Snapshot
In 2024, AMC helped a national communications infrastructure provider recover $78,293 in idle bond deposits β most of which had been sitting unclaimed for over a decade.
- πΌ Total Recovered: $251,947
- ποΈ Jurisdictions: 23 municipalities
- π Age of bonds: 1999β2020
β Donβt Leave Your Refunds Behind
If youβve posted bonds in the last 10 years, you might be entitled to funds you’re not even aware of. AMC is here to help recover that money with zero risk and full transparency.