Get Bonded
FIND US EMAIL US
Tap to Call
1-877-213-4545

LABOUR AND MATERIALS BONDS

Labour and material bonds, also known as payment bonds, guarantee that the company will pay its direct subcontractors, suppliers, vendors, and laborers for materials and services provided under the bonded contract.

 

The surety will charge an additional fee for this bond but generally is willing to issue the bond without substantial additional underwriting, provided the underwriter is confident the contractor has sufficient cash flow to make the payments as promised. Payment and credit history will provide the surety with a track record as will bank accounts details and payable lists.

 

These bonds are required by many projects with public funding and also by private owners.  Labour and Material Bonds are normally accompanied by Performance Bonds.

 

 

INSTANT QUOTE

Quote, Applications and Instructions emailed to you Instantly. Unsure? Email Us. * Denotes a Required Field.

Talk to a Surety Expert!

WHAT SURETY BOND DO YOU REQUIRE?

 
We are dedicated to the highest standards of service, leading to long-term and long-lasting business relationships,
as well as mutual growth and success.

 

UNSURE? HAVE QUESTIONS?

Let us help guide you through the surety bond Process.

 

CONTACT US NOW