For Contractors

Bonding that keeps
you bidding

Bid, performance, and payment bonds for general contractors and subcontractors across Florida and the Southeast. Bring us the job.

Start an Application 305-552-5414 1-800-780-5414

Why Contractors Work With Us

Relationships are what get difficult bonds written

40+ Years of surety market relationships
$2M Fast Track Program capacity

A bond request is rarely just paperwork. It is a surety deciding whether to stand behind your company, and that decision comes down to how your story is presented and which market it gets presented to.

That is where decades of market relationships matter. Over more than forty years of working with surety markets, we have built associations that allow us to represent some of the largest insurance carriers devoted to suretyship. We are a bonds-only agency, so these are the conversations we have every single day.

If your file is straightforward, that depth means speed. If it is not, it means options. New contractors with no bonding history, companies coming off a hard year, a job larger than anything you have bonded before: these are the files we know how to place. We know which sureties are comfortable with which risks, what a submission needs to look like before it goes out, and who to call when the first answer is no.

Bring us the job. If there is a way to get it bonded, we will find it.

Situations we handle every day

First-time bonding

New G.C.'s and subs with no bonding history yet. Everyone starts somewhere, and the Fast Track Program was built for exactly this.

Coming off a hard year

A rough set of financials does not end the conversation. Different sureties weigh a down year very differently.

A job bigger than your last

When the project in front of you is larger than anything you have bonded before, we work on raising the capacity to match it.

Knowing your capacity up front

We write letters of bondability so you know your limits before you go after work. Knowing your capacity puts you ahead of contractors who have not established a relationship with a surety.

A bid deadline closing in

Bid dates do not move. Call us early and we will tell you straight away what we need to get you a bond in time.

Growing an existing program

Already bonded but outgrowing your limits, or want to see what another market would offer? That is worth a conversation.

Not sure what you need

The owner asked for a bond and the letter is not clear. Send it over and we will tell you exactly which bond it is.

Coming in to talk it through

Our office sits on SW 40th Street in Miami and visitors are always welcome. Plenty of contractors would rather sit down and walk through a file in person than trade emails, and we are glad to do exactly that.

Our Contractor Program

The Fast Track Program

An easy application, great for new G.C.'s or subs, provides up to $2 Million in bonding capacity for those with excellent credit. It is the quickest way to get a new contractor bonded and bidding.

Start Your Application 305-552-5414 1-800-780-5414
$2M Fast Track Program

Know What You Are Asking For

The big three contract bonds

Most construction jobs involve one or more of these three. Here is what each one does, who asks for it, and what a surety looks at before writing it.

1
Why It's Required

Guarantees you will honor your bid and enter into the contract if you are awarded the job.

Bid bond

Bond Amount

Typically 5% to 10% of the bid. That figure is the penal sum, not the amount you need to qualify for.

Who Requires It

The project owner or obligee, often a government agency.

What the Surety Reviews

Financials, work in progress, a credit review, and the bid package.

Term

Through the bid period, typically 90 to 180 days.

Good to Know
  • You have to prequalify for the full bid amount, not the bond amount. Winning means performance and payment bonds at 100% of the contract.
  • You can bid up to your prequalified limit and never above it. Rule of thumb: qualify for the largest job you would realistically take, since you can always bid lower.

Florida generally requires bonds on state jobs over $100,000 and local jobs over $200,000 under FS 255.05.

2
Why It's Required

Protects the project owner if you fail to complete the job according to the contract terms.

Performance bond

Bond Amount

100% of the contract value is the standard.

Who Requires It

The obligee, usually the project owner, a general contractor, or a construction manager.

What the Surety Reviews

Financials, bank references, project experience, capacity, and a copy of the contract.

Term

The duration of the contract plus the warranty period.

Good to Know
  • This is almost always issued alongside a payment bond, and the two are usually quoted together as a pair.
  • Performance and payment bonds are mandatory on federal jobs over $150,000 under the Miller Act.

Florida generally requires a performance bond on state jobs over $100,000 and local jobs over $200,000 under FS 255.05.

3
Why It's Required

Ensures your subcontractors, laborers, and suppliers get paid even if the general contractor defaults.

Payment bond

Bond Amount

100% of the contract value is the standard.

Who Requires It

The obligee, usually the project owner, a general contractor, or a construction manager.

What the Surety Reviews

The same package as the performance bond, submitted together.

Term

Through project completion and the final payment period.

Good to Know
  • Your subs and suppliers are the claimants on this bond, not the owner. That surprises a lot of contractors who assume it only protects the project owner.

Florida generally requires a payment bond on state jobs over $100,000 and local jobs over $200,000 under FS 255.05.

Contract bonds are only part of what we write. See the full range on our Services page, or call and describe the job.

Ready to get bonded?

Fast approvals. Local expertise. Bonds issued from our Miami office.

Start Your Application 305-552-5414 1-800-780-5414