Performance, Payment & Subdivision Bond

This classification of applications is for specific contracts that need surety guarantees and includes bid bonds, performance, plat/subdivision and maintenance guarantees.

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Supply and Service Contractor Performance, Payment & Bid Bonds

This application is for other than construction contracts that need performance and payment guarantees. This might include contracts for Janitorial Services, Security Firms, Food Suppliers, Landscaping Services, Moving Services and more.

1. Supplier Application    
name of application    

SBA Surety Guarantee Program

The SBA helps small and emerging contractors obtain surety bonds for contracts up to $2 million. The SBA gives sureties an incentive to provide bonding for eligible contractors and help strengthen the contractor’s ability to obtain bonding.

1. SBA Kit    
name of application    

Performance, Payment and Bid Bonds

Performance bonds guarantee performance of the terms of a contract. These bonds frequently incorporate payment bond (labor and materials) and maintenance bond liability. This protects the owner from financial loss should the contractor (principal) fail to perform the contract in accordance with its terms and conditions.

1. Contracts Under $250,000 2. Contracts Over $250,000  
name of application name of application  

Subdivision and Plat Bonds

Small Subdivision Bonds - Also referred to as site improvement, plat completion, subdivision or plat bonds. The difference between this bond and performance and payment bonds is that the owner of the property is the principal.

1. Washington Subdivision Bonds 2. Oregon Subdivision Bonds 2. Large Subdivision Bonds
name of application name of application name of application