BID BOND

Name: SP Bonds
Address: 22647 VENTURA BL #349, Woodland Hills, CA, 91364, US
Telephone: 818-715-7133
Price range: $$

Performance, Bid, Supply & Remodel Bonds

BID BOND OVERVIEW:
A Bid Bond is used as a security for bids submitted on a contract. Placing security on a bid guarantees that the bidder will execute the contract at the bid price, upon award of the bid. If security is not submitted with the bid , the bid is rejected. Additionally, if the winning bidder does not enter into a contract, the security is forfeited.

Submissions under $450,000.00: One Page Application

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2% rate or higher based on credit

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1 page application

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Please include contract and bond forms

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Please include personal financial statements

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2 day turnaround

Submissions over $450,000.00

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Rates start at 1% to 3% based on credit, experience, etc.

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1 week turnaround on new submissions

Document Downloads
Application: Call underwriter for appropriate application at 1-818-715-7133

Under $450,000:

Download: Application for Financial Statement (if required)

Over $450,000:

Download: Application All States for Supply & Performance; Service Contract Bonds, etc.

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ALL ONLINE APPLICATIONS ARE SECURE

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