A Payment Bond guarantees that a contractor will pay all suppliers and subcontracts for labor and materials. A Payment bond is usually required in conjunction with a
Performance Bond and they are often referenced as a single bond,
Payment and Performance Bond. A Payment Bond must be required by the contract.
The Surety Group has Payment and Performance Programs for all contract sizes and classes of business. Please feel free to contact us with any questions at 800-486-8211. We have a team for contract bond underwriters ready to help you.
New to The Surety Group?
There are two ways to apply for a bid bond:
Existing Client?
Items needed to request a bid bond:
Fax (404-351-3237) or call us at 800486-8211 with further questions.
Have we told you to provide additional documents?
You can access all necessary forms on the left side of this page or in the toolbar below under the heading “ Contract Bond Forms”.