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Payment and Performance Bond
Also known as a Payment Bond,a Performance Bond
A Payment and Performance Bond guarantees that a contractor will pay all suppliers and subcontracts for labor and materials and faithfully perform all duties set forth in a contract. A Payment and Performance Bond must be a contract requirement. The Surety Group has bond programs in place for Payment and Performance Bonds for all contract sizes and classes of business.
New to The Surety Group?
There are two ways to apply for a Payment and Performance Bond:
Fast-Track Application
—for contracts up tp $1,000,000 and for contractors who only need one or two bonds a year. Simply complete the
Fast-Track Application
to see if you qualify.
Traditional Bond Kit
—for contractors looking to get set up for Payment and Performance Bonds, please also complete our
Bond Kit
. You can also use our bond kit if you are interested in the SBA’s Surety Bond Guarantee Program.
Existing Client?
You will need to provide the following documents to apply for a Payment and Performance Bond:
Payment and Performance Bond Request Form
Work on Hand
Job Cost Breakdown
Copy of Contract
You can Fax your Bond Kit to 404-351-3237. Please call us at 800-846-8211 if you have any questions. We have a team of contract bond underwriters ready to help you.
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