Contract Bond Programs

SOUTH COAST SURETY
Providing Contractors and Developers Responsive and Responsible
Contract Bond and Sub-Division Bond Support for 2 decades

Bid Bonds
A Bid Bond is issued by the Surety to the owner of the project in lieu of a required cash deposit. The cash deposit (usually 10% of the bid amount) is subject to full or partial forfeiture if the contractor is the low bidder and fails to either execute the contract or provide the required Performance and/or Payment Bonds. In other words, the bid bond assures and guarantees that should the bidder offer the low bid, the bidder will execute the contract and provide the required surety bonds.

Use the same applications as Performance / Payment Bonds

For Small Contracts under $250,000 See Below

Subdivision Bonds

Performance / Payment Bonds

South Coast Surety provides contract bonds:
bid, performance, labor and material payment, and maintenance for all size contractors.

Contract Surety Bonds for:
Construction Contractors, Construction Subcontractors, Supply Contracts and Service Contractors

For the Contractor Experienced in using contract bond support, South Coast Surety can review your current support levels and rates.

Our review will confirm that you presently have the best program available
or that we can improve on your surety bond support.

REQUEST CONTRACT BOND LINE REVIEW

For the Contractor just looking for construction bond support, South Coast Surety will provide you the tools and information needed to attain a surety bond line of credit.

We will assist and guide you in qualifying for the most support at the least rate

STANDARD PROGRAM REQUIRED INFORMATION PAGE

NEW Easy Qualify Small Contract Bond Program
Small and Medium Contract Bond for All States Easy Qualify Surety Bond Program

• For Single Bonds up to $250,000*
• Also Total Programs up to $500,000
• Simple Construction Bond Application
• Easy Financial Information Requirements
• Fast Approvals and Contract Bond Executions
• Available in most states

For Information on the Easy Qualify Program Start Here

For the Easy Bond Application Click Here

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

  See index for more programs