CONSTRUCTION BONDS

If you're in need of construction bonds, our surety specialists have the knowledge and expertise to provide customized surety solutions that will deliver better results than any other agency. Whether you're a new company seeking your first construction bond or an established company looking for greater capacity and better terms, our construction bond specialists can help. Our commitment to our clients is ongoing. We take the time to engage with you and learn everything we need to know about your business in order to provide the best possible service.

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Construction bonds, often referred to as "contract bonds," are a type of surety bond used in the construction industry to ensure that the principal (usually the contractor) fulfills their obligations as outlined in the contract with the obligee (typically the project owner). These bonds protect the obligee from financial loss should the contractor fail to complete the project or fail to meet the specified standards.

There are several types of construction bonds, including:

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Bid Bonds: Need bid bonds for your next project? This ensures that the contractor will honor their bid and will secure the required performance and payment bonds if awarded the contract.

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Performance Bonds: Our performance bonds guarantee that the contractor will complete the project per the contract's terms and conditions.

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Payment Bonds: Payment bonds ensure that the contractor will pay all subcontractors, laborers, and suppliers involved in the project.

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Subdivision Bonds: Developers trust our subdivision bonds to guarantee the completion of public improvements for residential and commercial land development.

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