Series B · Contract / Performance
Contract / Performance
Bid, performance, and payment. Construction and public-works contracts ask the contractor to guarantee the bid, the work, and the subcontractors. These are underwritten on financials and experience, not just a credit score.
Who posts these
General contractors, specialty trades, and developers bidding public or large private work.
Money, roughly
Often 1–3% of contract value; face amounts from tens of thousands to tens of millions
Forms in this series
- Bid bonds
- Performance bonds
- Payment bonds
- Maintenance bonds
- Subdivision / site improvement bonds
Related researched forms: Performance Bond , Contractor Bond
Desks on this series
Register entries that list this category
IFI remains first. Carriers still need an appointed agent.
Integrity First Insurance
Georgia agency for licensing-grade surety inside the Cornerstone network
Cornerstone Network Preferred Partner
Old Republic Surety
Brookfield, Wisconsin underwriter — A+ Superior, all 50 states
Colonial Surety Company
Direct-writing carrier since 1930 — AM Best A, all U.S. jurisdictions
Merchants Bonding Company
Surety-only mutual, West Des Moines — writing since 1933
JW Surety Bonds
Family-owned Pennsylvania agency writing since 2003
SuretyBonds.com
Columbia, Missouri online agency — licensed in all 50 states
Lance Surety Bonds
Doylestown agency — license, contract, court, and fidelity
Travelers Surety
National carrier — AM Best A++ commonly cited for the group