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Contractor Bonds

A contractors’ bond is a legal obligation that guarantees you’ll perform your work according to your contract while adhering to the rules and regulations of your contractor license.

License Bond

A license bond is used to obtain or maintain your contractor license. A license bond is required in most states, and is your guarantee that you won’t violate any state law regulations.

Bid Bond

Bid bonds keep the bidding process fair for everyone by guaranteeing that the successful bidder will enter the contract and provide the required contract bonds.

Performance Bond

Also known as a contract bond, performance bonds are required by law for any public construction projects. Contractor performance bonds ensure you’ll follow through on your end of a contract and complete construction in the time and manner agreed upon.

Payment Bond

Payment bonds are a type of contract bond required by law for any work on public projects. Contractor payment bonds work to protect subcontractors, day labourers, and materials suppliers against non-payment.

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