GSI's newest service is acting as a formal Third Party Administrator (TPA) for other bonding and financial companies working in the region. In a day where 80% of the bonding defaults are due to non-payment of subcontractors and vendors, and not non-performance, TPA's have taken on a new role. Many bonding companies are requiring new clients to use a TPA in order to receive bonding. By using a TPA, the risks for each party (the owner, the developer, the prime contractor, the sub-contractors, and the vendors) is mitigated. Since GSI is already providing fiscal control for its clients, it was a logical step to use its same services for the benefit of the bonding company client.