Bid Bond

A bid bond is a guarantee that a contractor complies and completes the job requirements and responsibilities should they be low bidder on work they have been awarded through a public bidding opportunity. Bid bonds are required on many public projects and guarantee surety support and qualification of the contractor. A surety company will underwrite a contractor to be sure they have the cash flow, job experience, and expertise to complete the job.

Get a FREE Surety Bond Quote in MINUTES!