Performance Bonds
How is the cost of a bond determined?
Some contract surety bond costs are related to a contractor’s qualifications, while others are based on the scope of work or the classification of construction work that is being completed. The contract price is also a factor. Learn more about how the cost of a bond is determined from our Blog.
New to contract bonds? We have the answers to all your questions.
More from our blog:
Building at the Edge of the Earth and Beyond
Spotlight onGunderson Marine & Iron, responsible for the floating barge pier project at McMurdo Station, Antarctica.
Read more
A Major Infrastructure Upgrade for Antarctica — Backed by Surety
Antarctica is one of the most remote and isolated places on Earth. As the coldest and windiest continent on the planet according to the United States …
Read more
Advice From a Surety Underwriter to the Owner of a Start-Up Construction Company
Early in my underwriting career, it wasn’t unusual to meet a company owner who had recently climbed down from a ladder or the seat of a bulldozer to …
Read more
Recent Blog Articles
Building at the Edge of the Earth and Beyond
Spotlight onGunderson Marine & Iron, responsible for the floating barge pier project at McMurdo Station, Antarctica.
Read post
A Major Infrastructure Upgrade for Antarctica — Backed by Surety
Antarctica is one of the most remote and isolated places on Earth. As the coldest and windiest continent on the planet according to the United States …
Read post
Advice From a Surety Underwriter to the Owner of a Start-Up Construction Company
Early in my underwriting career, it wasn’t unusual to meet a company owner who had recently climbed down from a ladder or the seat of a bulldozer to …
Read post
Resources
Resources
FAQ: Contract Bonds
Resources
Contract Bond Terminology
Resources
Fast Credit-Based Contract Bonds
Another surety might have said “no” to this project, but I give credit to Old Republic for believing in the contractor and in me as the agent. Darrel chose not to take the easy way out and give up on it. He trusted me, and that means a lot in this business.
