Contracts are generally done through a solicitation procedure where an individual and/or company can bid on construction projects, services or goods. The process could include completion of a bid bond form, application to a vendor system, and other requirements. The links below provide more details to contract processes.
Massachusetts Contract Bonds are often required by local municipalities, counties, universities, federal agencies or private entities. The process generally begins with a bidding process, and if awarded the contract, a contract bond or payment and/or performance bond (such as a MassDot contract) may be required.
The Small Business Administration has a Bond Guarantee Program to help small contractors bid on projects.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application