In most instances, contractors and construction professionals are required to carry surety bonds. When you need to get to work, you need a bond fast. We can help get you the contractor bonds that fit your needs, so you can focus on getting the job done and building your future.
Bonds are not insurance. They are issued to provide your client with some financial recourse if you don't finish the job or finish it right. If someone files a claim against your bond, you have to pay the Bond Company back, which is why they are based on credit - it's like a small loan.
Note: the cost of our lowest California license bond is $89.00/year. You may have the option to purchase them one, two, three or four years at a time, depending.
A surety bond is your word. When you obtain a contractor bond, you’re entering into 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.
Get your license bond quickly so you can obtain or maintain your contractor license. A license bond is required in most states, and it’s your guarantee that you won’t violate any state law regulations.
Bid bonds are intended to keep frivolous bidders out of the bidding process by guaranteeing that the successful bidder will enter the contract and provide the required contract bonds. Bid bonds keep the bidding process fair for everyone.
Contractor performance bonds ensure you’ll live up to your end of a contract and complete construction in the time and manner agreed upon. Also known as a contract bond, performance bonds are required by law for public construction projects.
Contractor payment bonds protect subcontractors, laborers, and materials suppliers against non-payment. Payment bonds are also a type of contract bond required by law for work on public projects.
Contractor bonds protect your reputation by ensuring you honor your commitments and contracts, and in most instances are a necessity for obtaining your license. We can get you the necessary bonds for your needs, so you can get to work fast.