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WHY DO I NEED A SURETY BOND?
Nearly all of the major public construction work done in the United States is completed by private sectors firms, which are given the projects through a competitive bid system. Typically, the projects go to the lowest bidder. A surety bond provided by White Lion Bonding & Insurance Services is designed to guarantee a principal’s integrity, honesty, performance, and financial responsibility, as well as maintain compliance with a law or contract. We specialize in maximizing the bonding capacity for contractors regardless of their trade or specialty and despite how big or small their bond needs might be.
CONTRACT BOND SPECIALISTS
- Bid bonds guarantee that a contractor will enter into a contract, if awarded, and furnish such contract bonds as required by the terms of the contract
- Performance bonds guarantee faithful performance of the terms of a contract of construction or furnishing of supplies
- Payment bonds guarantee payment for labor and materials used in the work the contractor is obligated to perform under the terms of a contract
- Maintenance bonds guarantee against loss because of defective workmanship or materials used in the completion of a construction project
THE WHITE LION DIFFERENCE
- We have appointments with over 15 surety bond carriers
- We’ll negotiate and match each contractor with the most suitable bonding company
- Our focus is to ensure your short and long term goals are met
- We are a team of construction and bond experts available to assist you throughout the entire process
- Our bonds are A.M. Best A-Rated
Other Types of Contract Bonds Available
- Labor & Material Bonds
- Subcontractor Performance Payment & Bonds
- Sub Division Bonds Developers
- Grading Bonds
- Subdivision Improvement Bonds
- SBA Guarantee