Bid and Performance Bonds for Contractors
Quick application and pay online to purchase bond today
Fast Approval process for Bid and Performance Bonds for Contractors
We are your Surety Bond broker to help you get the bond you need at the value you want
Quick Application
Less than 2 minutes to submit your bond application for approval
Apply Payment
Quote, buy and pay online same day for contractors
Easy Purchase
Email your contract for approval and receive your bond once payment is applied
Fast Easy Low Cost Bonds
We help the construction industry with their bonding needs by allowing online quoting and ability to speak to an surety bond underwriter with any questions
Select a Bid bond for a Performance and Payment bond below
Common Questions
Bid and Performance bond
1. How much does a bond cost?
Bid bonds are usually $100 and Performance bonds can be 2%-3% of the contract value
2. Who needs Performance bond?
Performance & Payment bonds are generally required from contractors performing publicly-funded projects, and are commonly required by owners of private sector projects.
3. What is a Performance Payment bond?
The Payment Bond protects laborers, material suppliers and subcontractors against nonpayment. The Performance Bond secures the contractor’s promise to perform the contract in accordance with its terms and conditions, at the agreed upon price, and within the time allowed
4. Are our bonds A Rated?
Peace of mind is provided knowing your bond is backed by a highest rated insurance company (A+ Standard & Poor Rating, A2 Moody’s Rating).
Start your Bond request now
We are available to review your bonding needs and present to you the solution you need
You can contact us at 504.348.3131 or start your bond application now
OFFICE: 201 Evans rd ste 315 Elmwood, La 70123
PHONE: 504.348.3131
EMAIL: tim@fmagencygroup.com
