Contract surety
Bid, performance & payment bonds, built around your bonding line.
Contract bonds are a program, not a checkout. We set up and grow your capacity, shop multiple markets, and place the files that automated sites decline.
The three contract bonds
The project lifecycle
One project, three moments you need a bond.
- 01
Bid
A bid bond backs your proposal and promises you will furnish the contract bonds if you win.
- 02
Award
You win the job. Now the owner requires performance and payment bonds before you start.
- 03
Build
The performance bond guarantees completion; the payment bond guarantees your subs and suppliers are paid.
Questions
Contract bond FAQs
What is the difference between bid, performance, and payment bonds?
A bid bond backs your proposal. A performance bond guarantees you finish the job. A payment bond guarantees your subcontractors and suppliers get paid. On most public works you will need all three across the life of a project.
Why use a broker for contract bonds instead of an instant site?
Contract surety is underwritten on your financials, experience, and capacity, not a one-click algorithm. A broker builds and grows your bonding line, shops multiple markets, and can place credit-challenged or newer contractors that automated sites decline.
Can you bond a job bigger than my current limit?
Often, yes, with the right preparation. We work your financials and story across markets to build single-job and aggregate capacity. Start the conversation early, before the bid is due.
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