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**Co-Hosted by the South Florida and Miami-Dade CFMA Chapters SDI Programs: Coverage, Mechanics, Benefits vs. Bonds, and Requirements This session will explore the mechanics and coverage of Subcontractor Default Insurance (SDI) as a strategic alternative to traditional surety bonds for managing project risk. Attendees will learn how to evaluate the specific benefits of SDI programs against bond requirements and understand the rigorous financial and operational criteria necessary for successful implementation.