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Bid Bond

What is a Bid Bond?

A Bid Bond is a type of Contract bond that ensures that a contractor will honor their bid if awarded the contract.


Provides confidence to project owners that contractors provide honest bids and prevents them from backing out. 

Why You Need It

To secure the bidding process and ensure that project owners are protected from financial loss due to non-committed contractors. 

Required Infromation

Contractor’s financial and credit history, project details, and bid amount. 

Bond Cost

Generally free; the contractor will pay for the performance and payment bond if they are the low bidder. 

Get A Bid Bond 

Fill out our short form and an agent will be right with you to get you set up with your Bid Bond!