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Contract Bonds
 Contract Surety Bonds perform a number of functions, including the guarantee that the bonded project will be completed in accordance with the contract specifications, and that the suppliers and laborers to the contract will be paid for the goods and services supplied to the project.
The Contract Bonds we can provide include:
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Bid Bonds provide financial assurance that the contractor submitting a bid has been qualified by the surety to perform the work, and that the contractor will enter into a contract at the bid price and provide the required performance and payment bonds, should the contractor become the successful bidder.
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Performance Bonds protect the owner from potential financial losses resulting from the contractor's failure to perform his work in accordance with the contract specifications. Failure to perform may result from any number of reasons, including cash flow limitations, bankruptcy, etc.
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Payment Bonds or Labor & Material Bonds guarantee the payment of suppliers, subcontractors, and laborers who provide goods and services to the project.
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Maintenance Bonds guarantee a contract of maintenance, service or warranty for a defined period.
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Supply Bonds guarantee the supply of goods and services.
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Toll Free Surety Bond Hotline© (877) 723-4224
