1-800-361-1720 1100 Via Callejon, Suite A, San Clemente, CA 92673All Surety Bonds. All States. All Credit.

Contract Bid Bonds

What Is a Bid Bond?

"The bid bond assures that the bid is submitted in good faith and that the contractor will enter into the contract at the price bid and provide the required performance and payment bonds." (Source: NASBP.org

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.

How Much Does A Bid Bond Cost?

With South Coast Surety, we offer a flat annual fee of $350 to fulfill all Bid Bonds for your business. Hopefully you are bidding on many contractor jobs per year, and winning lots of them. We are here to help you through each entire project, including Payment and Performance Bonds and other final bonds like Warranty Bonds.

How Do I Get a Bid Bond?

Give our Contract Bond Team a call at 1-800-361-1720 with any additional questions and they can get working for you today on your Bid Bond. Or you can fill out this application below and send it to contract@southcoastsurety.com:

Bid Bond Request Form 

 

 

Construction Contractors Contract Bond Programs 

Required Information List and Forms for 
a Contract Surety Bond Program


Get More Info on Getting or Improving Contract Surety Bond Support


All Construction Bonds issued In-House

Performance bond - South Coast Surety  Standard Contract Bond Questionnaire  

Performance /Payment (Contract) Bond - Final Bond Request Form 

Bid Bond - Bid Bond Request Form 

Contract Bond ProgramsSurety Bid Bond Information
SOUTH COAST SURETY 

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


Use the same applications as Performance / Payment Bonds

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 ContractorsConstruction SubcontractorsSupply 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

  See index for more programs

Need A Quick Performance Bond?
Need To Bid Tomorrow?

CONTRACT BOND EXPRESS PROGRAM
Surrre is FAST

NOW NEW LARGER LIMITS
Express Contract Applications up to
$1,000,000 Single
$1,500,000 Aggregate


Quick Response with In-House Authority
Challenged credit can be supported


See Express Contract Surety  for all

 performance bonds, payment bonds and bid bonds


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