SURETY BONDS
The right bond. Quickly.
Shorewest writes contract and commercial surety bonds for clients across the United States — backed by 15+ A-rated surety markets and in-house underwriting authority.
CATEGORY 01
Contract Bonds
Contract surety bonds are typically required on construction projects to protect the project owner (the obligee) and to guarantee that the contractor (the principal) performs the work as agreed and pays its subcontractors and suppliers. These bonds are central to public works and most large private construction projects.
We write the full spectrum of contract bonds, from single-job bonds for emerging contractors to large, multi-million-dollar bonded programs for established firms.
- Bid Bonds
- Performance Bonds
- Payment Bonds
- Maintenance Bonds
- Supply Bonds
- SBA Guaranteed Bonds
Bid Bonds
A bid bond guarantees that if a contractor is awarded a contract, it will enter into that contract and provide the required performance and payment bonds. It demonstrates to the project owner that the contractor has the financial qualifications and surety support to perform the work.
Performance Bonds
A performance bond protects the project owner if the contractor fails to complete the work in accordance with the contract terms. If a default occurs, the surety steps in to complete the project or otherwise remedy the default.
Payment Bonds
Also called labor and material payment bonds, payment bonds guarantee that subcontractors, laborers, and suppliers will be paid for work performed on the project. These are required on virtually all federal construction projects under the Miller Act, and on most state and local public projects.
Maintenance Bonds
Maintenance bonds provide coverage against defects in workmanship or materials for a specified period after project completion — commonly one to two years, depending on the contract terms.
Supply Bonds
A supply bond guarantees delivery of agreed-upon supplies, equipment, or materials to a project owner in accordance with the contract.
Not sure which contract bond you need? Call us — most questions can be answered in a single conversation.
CATEGORY 02
Commercial Bonds
Commercial surety bonds are required by government agencies and other obligees to ensure businesses meet licensing, statutory, or regulatory obligations. Unlike contract bonds, commercial bonds are generally not tied to a specific construction project.
We write a wide range of commercial bonds and can typically issue routine bonds same-day.
- License & Permit Bonds
- Court Bonds
- Fiduciary Bonds
- Public Official Bonds
- Notary Bonds
- Miscellaneous Surety Bonds
License & Permit Bonds
Many states, counties, and municipalities require certain businesses — contractors, auto dealers, mortgage brokers, and others — to post a bond as a condition of licensure. These bonds guarantee compliance with the applicable statutes and regulations.
Need a specific commercial bond? Send the bond form and we’ll get back to you with terms.
