Bid Bonds

Are Bonding Limits or Rates Holding Your Company Back?​

We have In-House Underwriting to Expedite The Process!


Your First Bond

A bid bond states that the you, the contractor, possesses sufficient financial credentials to accept the job and will enter into a contract with the owner for the contractor’s bid. An approved bid bond means an awarded project.

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Without bid bonds, project owners would have no way of guaranteeing that the bidder they select for a job would be able to properly complete the job without running into cash flow problems along the way.

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How is a Bid Bond Used?

Project owners have contractors submit bid bonds with their bids to guarantee they provide serious bids and are financially stable enough to complete the project.