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To address all your concerns regarding bonds, Surety Bond Professionals is your solution. We offer a quick and easy process for obtaining bonds, with the least amount of hassle. Get your free quote through our convenient online application or contact our experienced surety agents for assistance with any questions you may have.
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Here are some of the most common types of surety bonds. Learn more and apply today:
Bid Bonds provide financial protection to the owner or project developer if a bidder is awarded a contract but fails to enter into the contract and/or provide the required performance and payment bonds needed to move forward. Read more
Performance bonds guarantee that the contractor will complete the construction according to the contractual obligations. If a contractor fails to do so and is defaulted, the project owner can make a claim on the bond to access funds that can be used to pay another contractor to finish the job. The payment bond guarantees the payment of all subs and suppliers on the project. Read more
A subdivision bond serves as a developer’s guarantee that public improvements will be completed to an acceptable quality, in accordance with all applicable regulations.
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Supply bonds mandate suppliers to provide materials, equipment and supplies specified in the contract. If the supplier fails to provide the supplies as agreed, the bond amount can be used to reimburse the purchaser for the resulting loss. Read more
A Maintenance bond protects the owner of a completed construction project for a specified time period against defective materials and workmanship that could surface later if the project was completed incorrectly.
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At Surety Bond Professionals, we have over 75 years of experience providing construction surety in Massachusetts and nationwide. Simply fill out our online quote form to get started. Request a quote today, and see if we can save you some money on the bonds you need.