Surety Bonds Forms

Construction Bonds:
        Under $500,000

        Over  $500,000
        Performance bond 
        Payment Bond 
        Maintenance Bond 
        Bid Bond 

Bid Bonds Requests

License & Permits

Miscellaneous Bond




Surety Bonds

What is a surety Bond?
A bond that guarantees the performance of a contract by a person or organization (called the principal) to a third party or entity (called the obligee).

Is a Bond the Same as Insurance?
No. Although bond losses do occur, bonds are written with the expectation that there will be no losses. In insurance there is a known risk based on the probabilities of loss. Consideration for bonding is similar to consideration for a bank line of credit.




Different Types of Bonds

Performance Bond-A bond guaranteeing that the project will be performed in accordance with the contract terms.

Payment Bond-A bond guaranteeing that the project will be free and clear of liens for unpaid bills.

Maintenance Bond- A bond guaranteeing the work against defects in workmanship and materials for a period of time, usually one or two years after the work is accepted by the owner.

Bid Bond- A bond assuring the owner that upon acceptance of the bid, the contractor will enter into a contract and furnish performance, payment and maintenance bonds as required by the contract.

License and Permit Bond- A bond guaranteeing that the principal will comply with the laws, ordinances and regulations that have been adopted for the protection of the public.

The following is a sample of the bonds we write -- if your bond is not listed here, e-mail or give us a call.

Performance, Payment, Maintenance, Bid, L&P, Fidelity, Business Services, Certificate of Title ,Collection Agency, Court (NO BAIL BONDS), Dishonesty Bonds, Employment Agency, ERISA/Pension, Lost Instrument Mortgage Broker, Motor Vehicle Dealer, Notary, Over Axle/Over Gross Weight, Third Party Debt Collector, U.S. Customs, Waste Transportation.

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