Contract Bonds

SURETY HOME

AmTrust Surety Contract Bonds

Our knowledgeable underwriters are skilled at handling all types of contract bond requests. Our flexible underwriting approach enables us to meet the diverse needs of all types of contractors. By developing a relationship with the contractor, and the Surety producer that represents them, we are able to assist with emerging contract accounts, as well as support the Surety needs of much larger contracting entities.

Contract Surety Bond Program Parameters

We have established the expertise and capacity necessary to support the contract bond needs of contractors with a variety of bond needs and sizes.

Contract Bond Types

Bid Bond

Provided by contractors to guarantee that the contractor, upon being identified as the successful bidder, will enter into a construction contract at the amount bid and provide any required performance and payment bonds.

Performance Bond

Guarantees the construction undertaken in accordance with the underlying construction contract will be completed.

Payment Bond

Provides protection to ensure that all subcontractors, laborers and material suppliers that have been hired to complete the bonded contract are paid and that they will deliver a lien-free project.

Bond Verification

Whether you are a principal, owner, public entity or producer, we provide the ability to be confident with our bond product offerings. To ensure your bond is authentic, submit a bond verification request.
 

Contract Programs

Special programs designed for small contractors:


Xpedite Program – Tier One

This is a special contract bond Surety program designed for small contractors with infrequent bond needs. Underwriting is largely credit based and requires only a simple two-page application. Decisions and bond issuance are quick, typically within 24 hours. The Xpedite Bond Program.
 


Xpedite Program – Tier Two

While this program requires more information than Tier One, Tier Two requires significantly less documentation than a standard contract bond submission. For consideration, a simple multi-page application is required, as well as some basic financial information on the business and its owners. Depending on the quality of the information provided, under this program, internal financial statements and/or tax returns may be acceptable. See the application for additional details. The Xpedite Bond Program.
 
Stay Connected