8575 NW 52 Place Coral Springs, FL 33067

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Surety Bond Types

Review some of the Surety Bonds we offer in Florida

Bid Bonds in Florida

A bid bond is a bond that is provided along with your proposal at the time of the bid opening. It is usually 5% or 10% of your estimate and guarantees to the Owner/GC that if you are low bidder and awarded the project a Performance and Payment bond will be provided to them. No payment is required for bid bonds.

A Performance and Payment Bond in Florida

Typically 100% of the contract and guarantees to the Owner/GC that the project will be completed according to the contract terms and that all the bills to sub-contractors or suppliers will be paid. A premium is charged for a Performance and Payment bond.

License Bonds and Permit Bonds in Florida

Bonds provided to the City or County to guarantee you comply with the local codes and the regulations of that particular city or county. Sometimes a license bond or permit bond is required to work in a certain city or county. This is just a small sample of the type of surety bonds in Florida that we can provide. We provide financially responsible officer bonds, subdivision bonds and court bonds to name just a few more! Specializing in bid bonds in Florida, performance bonds, license bonds, permit bonds and much more!

Three Types of Bonds – This covers what I sell in a nutshell.

1. Performance and Payment. Requires:

  • Prepared Year End Business Financial Statement for 2011 Financial statement needs to be prepared using the percentage of completion method if possible. (If statements not available please call)
  • Corporate Tax Returns for 2010 and 2009 if financial for 2011/2010/2009 was not completed
  • Personal financial statement for all stockholders
  • Company profile with work on hand report
  • Forms needed : Profile, Personal Financial Statement and Work on Hand Report (PDF Required to view)

2. Miscellaneous bonds. Requires

3. Financially Responsible Officer bonds. Requires

Click Here to Go to All Forms