Performance, Bid, Supply & Remodel Bonds
SUPPLY BOND OVERVIEW:
A Supply Bond is a type of contract bond that guarantees the supplier will furnish supplies or materials as contracted. Should the supplier default, the surety will underwrite the purchaser of the supplies against any loss. This bond is required by the project owner or state or federal law to secure public construction projects.
Submissions under $450,000.00: One Page Application
2% rate or higher based on credit
1 page application
Please include contract and bond forms
Please include personal financial statements
2 day turnaround
Submissions over $450,000.00
Rates start at 1% to 3% based on credit, experience, etc.
1 week turnaround on new submissions
Application: Call underwriter for appropriate application at 1-818-715-7133
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ALL ONLINE APPLICATIONS ARE SECURE
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