As a contractor, your clients will request a financial guarantee that your company will meet its contractual obligations. That kind of guarantee can be secured through a Surety Bond, under which the bond issuer will pay your clients should you fail to meet the duties of your contract.

Our Contractor bonds include, but are not limited to:

• Bid Bond: assures that the bid is submitted in good faith and that the contractor will enter into the contract at the price bid and provide the required performance and payment bonds
• Performance Bond: protects the owner from financial loss should the contractor fail to perform the contract in accordance with its terms and conditions.
• Payment Bond: assures that the contractor will pay specified subcontractors, laborers, and materials suppliers associated with the project
• Labor & Materials Bond: usually issued with (and for the same amount as) performance bonds, and covers payment for all equipment, labor, materials, and services in the event the contractor fails to pay for them under the terms of the contract
• Maintenance Bond: guarantees against defects for a specific time period following a project’s completion