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Surety Bonding

Contract Surety

Maintenance and Supply Bonds
 

What is a Maintenance Bond?

These are bonds that are used to ensure or provide for the upkeep of the project after the project is complete. They also provide a guarantee against defective workmanship, materials, etc.

What is a Supply Bond?

A Supply Bond guarantees the performance of a contract which requires the delivery and/or furnishing of supplies for a project. An example would be a company requiring a supply bond to furnish cement for a project that will last 12 months. The company does not mix or lay the concrete, only supplies the materials to the job site.