Gleason Insurance Brokers, LLC

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

A variety of BONDS OFFERED

CONTRACTOR BONDS

Contractor bonds are a form of surety bonds required for construction contractors to ensure compliance with local, state, or federal regulations. These bonds provide financial protection for clients and government entities in case a contractor fails to fulfill their contractual obligations.

CONTRACTOR BONDS

Bid Bond

Purpose: Ensures that a contractor will enter into a contract and provide the required performance and payment bonds if awarded the job.
Use: Typically required during the bidding process for public construction projects.

CONTRACTOR BONDS

Warranty Bond

Purpose: Provides a guarantee against defects in workmanship or materials for a specified period after the project is completed.
Use: Similar to maintenance bonds but can cover longer periods and broader warranty terms.

Performance Bond

Purpose: Guarantees that the contractor will complete the project according to the contract terms and specifications.
Use: Commonly required for both public and private construction projects to protect against incomplete or substandard work.

Maintenance Bond

Purpose: Provides a guarantee that the contractor will remedy any defects in workmanship or materials for a specified period after project completion.
Use: Used as a warranty bond to protect against defects after project completion.

License Bond

Purpose: Ensures that the contractor will comply with state or local licensing requirements and regulations.
Use: Required for contractors to obtain or maintain a business license.

Payment Bond:

Purpose: Ensures that the contractor will pay subcontractors, laborers, and material suppliers.
Use: Often required in conjunction with performance bonds on construction projects.

Encroachment Bond:

Ensures contractors restore public property after construction or utility work that encroaches on public land.

Union Bonds:

Protect union workers by ensuring contractors pay wages and benefits according to union agreements.

Gleason Insurance Brokers

need a Bond?

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

844-97-USAVE | Quote | Surety Bonds | Performance and Payment Bonds | Contractors Bonds

A variety of BONDS OFFERED

CONTRACTOR BONDS

CONTRACTOR BONDS

CONTRACTOR BONDS

CONTRACTOR BONDS

CONTRACTOR BONDS

CONTRACTOR BONDS

844-97-USAVE | 844-978-7283

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