Surety Bonds

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds

  • Bid bonds

  • Maintenance bonds

  • Payment bonds

  • License and permit bonds


What is a surety bond?

A surety bond is a contract between the principal (purchaser), the surety (bond company) and the obligee (the entity requiring the bond) - in which the surety financially guarantees to an obligee that the principal will act in accordance with the terms established by the bond.