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Small & Medium Contractor
CONTRACT EXPRESS Bond Program** |
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South Coast Surety
introduces
Our Own Authority
For Bid Bonds,
Performance Bonds and Payment Bonds
Single Jobs up to $250,000*
Total Program up to $500,000
Less
than Stellar Credit - Still Give Us A Call!!! |
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All you need to do:
For Single jobs up to $250,000*:
- Complete and sign the
Contract Express Bond Application in detail
- Send the Application with
- Copy of the Contract or Bid Request Title Page
- Bid bond or Performance bond and Payment bond forms
For Aggregate Bond Programs up to $500,000:
- Send all Above plus the Required Financial Information Below:
Click Here For Contract Bond Application Form
Basic Underwriting Requirements are:
Good Personal Credit
3 Year Experience in this field
Projects that can be completed in 36 months or less
No excessive warranty periods
or excessive Liquidated Damages
Project size within the size & scope of the normal projects
the contractor has completed or supervised
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Business Financial Information for:
(C) Corporations, (S) Corporations, and LLCs |
Most Recent CPA prepared fiscal year-end financial statement*
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*If a CPA prepared financial statement is unavailable, provide the company's in-house prepared fiscal year-end financial statements along with the company's most recent tax return.
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Business Financial Information for:
Sole Proprietorships and Partnerships |
Most Recent CPA prepared fiscal year-end financial statement*
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| *If a CPA prepared financial statement is unavailable, provide the company's in-house prepared fiscal year-end financial statements along with and a copy of Schedule C from the owners' most recent personal tax returns.
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| Personal Financial Information
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Copy of each owner's personal financial statement.
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Click Here Form Personal Financial Statement Form
Include supporting bank and marketable securities statements for verification purposes. |
*General Indemnity Agreement: Please have the agreement signed by an owner/officer as Principal and all owners and their spouses as Indemnitors.
**Fax to 949-361-9926 or email as an attachment to
surety@southcoastsurety.com
**Personal credit reports are run on all indemnitors.
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This contract bond program is not intended for:
Single Contract over $250,000 or Aggregate Line over $500,000.
Contracts in connection with Asbestos Abatement, Completion, Hazardous
Materials or Subdivision and Site Improvement over $100,000.
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Need Larger Bid Bonds, Performance Bonds and Payment Bonds ?
Start Here............
Required Information For Establishing a Standard Contract Surety Bond Line
FREE CONTRACT BOND LINE REVIEW
CONFIRM YOU HAVE BEST RATE & BOND LINE LIMITS AVAILABLE
All Construction Bonds issued In-House
Already Approved? Get your Bid Bond, Performance Bond and Payment bond request form
here .
Need a License Bond ....
CLICK HERE |
