1 (888) 555-1234 — Talk to a Bond Expert
Home  /  Construction Bonds

Construction Bonds

Bid, performance, payment and maintenance bonds that guarantee a contractor's work.

Overview

Bonding capacity that grows with you

Public and many private construction contracts require proof of bonding before work — or even a bid — can be submitted. Our surety markets write everything from a single small bid bond to multi-year bonding programs for established contractors.

$0Typical Bid Bond Cost
24hrStandard Underwriting
A-RatedSurety Markets Only
Popular Bonds

Construction Bonds we write most

Sample pricing shown for reference — your rate depends on bond amount, state and credit.

Bond TypeCategoryStarting At
Bid Bond
Construction
from No cost*
Get a Quote
Performance Bond
Construction
from 1–3% of contract
Get a Quote
Payment Bond
Construction
from 1–3% of contract
Get a Quote
Supply Bond
Construction
from 1–3% of contract
Get a Quote
Maintenance Bond
Construction
from 1–2% of contract
Get a Quote
Subdivision Bond
Construction
from 2–4% of contract
Get a Quote
Site Improvement Bond
Construction
from 2–4% of contract
Get a Quote
Why It Matters

Why owners require it

01

Wins You the Bid

Public projects require bonding before you can even submit a proposal.

02

Protects the Project Owner

Guarantees the job gets finished and subcontractors and suppliers get paid.

03

Scales With Your Business

From a single small job to a multi-year program, capacity grows with your track record.

04

Backed by A-Rated Sureties

We place your bond with financially strong, Treasury-listed surety companies.

FAQ

Common questions

What's the difference between a bid bond and a performance bond?+

A bid bond guarantees you'll honor your bid if awarded the contract. A performance bond guarantees you'll actually complete the work as agreed.

Can I get bonded with an open project already underway?+

In most cases, yes — our underwriters can review in-progress projects as part of your application.

Do construction bonds require a credit check?+

Larger contract bonds typically require a review of your credit, financials and work history; smaller bonds may not.

How is my premium calculated?+

Premium is a percentage of the total contract value, based on your credit, experience and the surety's underwriting guidelines.

Need a construction bond?

Get a free, no-obligation quote from a licensed agent in minutes.

Get a Free Quote Call 1 (888) 555-1234