Click the link below to download a PDF bid bond request form. This is for all existing customers of Surety 1 to use when requesting a bid bond.
Fax or e-mail the request form to Surety1 and a representative of the company will contact you.
Want to be an existing contract account?
A bid bond is the precursor to performance and payment bonds. An owner (Obligee) will require a bid bond on an open bid project. The bid bond provides assurances to the obligee that the successful bidder will enter into the contract and provide the required performance and payment bonds. If the successful bidder does not enter into the contract, the bid bond may pay the obligee the difference between the successful bidder and the next highest bidder.
Even though bid bonds are only 5% to 20% of the bid amount, the surety will underwrite the risk like it is a full contract as the surety must be prepared to provide the required 100% performance and payment bonds if the contractor is the successful bidder.
How to Get Your Bid Bond Request Form – Current Customers
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.