Bid Bonds
A bid bond tells the obligee you're serious and bondable. We confirm the exact form and penal sum, prepare the submission, and get it issued — often the same day.
A bid bond guarantees that if you are awarded the contract, you will enter into it at the price you bid and furnish the required performance and payment bonds. It protects the project owner from low-ball bids and unqualified bidders.
Because the real question behind a bid bond is whether you can bond the final contract, we set up the underwriting correctly from the first submission — so the bid bond and the performance program move together, not as two separate fire drills.
Need a bid bond today? Credit-based Express
If your credit qualifies, skip the full financial package. Our Express program issues bid bonds — and the performance & payment bonds behind them — up to $3,000,000 single and aggregate, primarily on your personal credit. One short online application, often same-day issuance. Larger or more complex programs move to standard underwriting.
Estimate your bid bond cost
Instant estimate on our real rates — then get the detailed breakdown and an exact quote.
Bid bonds are almost always issued at no premium — the surety earns its premium on the performance & payment bonds if you win. We confirm before you submit.
Get the detailed breakdown + a same-day quote
We'll send a line-by-line estimate for your bid bonds and confirm your exact rate. Or call 610-489-6168.
Common bid bonds
Standard bid bonds
Typically 5–10% of the bid amount, on the obligee's required form.
Bid bonds with consent
Paired with a consent of surety / letter committing to the final bond.
Express bid bonds
Credit-based, fast-track issuance for contracts up to $3,000,000 — qualified on credit.
More in Contract Bonds
The bonds that back construction work — bid, performance & payment, bonding letters, and credit-based Express.
Performance & Payment Bonds
The two bonds that back the job — performance guarantees the work, payment guarantees your subs and suppliers.
Learn more →Bonding Letters
A surety's letter confirming your bonding capacity — single-job and aggregate — for prequalification and bids.
Learn more →Express Bonds (Credit-Based)
Credit-based surety bonds with minimal paperwork and fast issuance — no full financial package. Up to $3,000,000 for contractors and $1.5M–$2M for developers.
Learn more →What we need to quote
Bid form / obligee language (or a link to the specs)
Bid date, bid amount, and estimated contract value
Contractor financials (CPA or interim, depending on size)
WIP schedule and backlog, if applicable
Bid Bonds FAQ
How fast can I get a bid bond?
For established accounts and credit-based programs, often the same business day. New accounts depend on how quickly we receive financials and the bid form.
How much does a bid bond cost?
Most bid bonds are issued at no premium — the surety earns its premium on the performance and payment bonds if you win. Some obligees or programs differ; we confirm before you submit.
What penal sum should the bid bond be?
Whatever the bid documents require — commonly 5%, 10%, or 20% of the bid. We read the specs and issue the exact amount and form.
Forms for bid bonds
Contract Bond Request Form
For bid, performance, and payment bonds on construction and contract work.
DownloadWIP Schedule
Work-in-progress schedule template — what underwriters look for on contract programs.
DownloadExpress Application — Credit-Based Bonds
Credit-based path for contract bonds up to $3M and subdivision up to $1.5M–$2M. Fast issuance, minimal paperwork.
DownloadBid Bonds by state
Requirements and obligees vary by state. Choose yours for bid bonds specifics — we write in all 50 states and D.C.
Get your bid bond
Tell us what you need and we'll confirm the exact form and requirements, then get it issued cleanly. Same-day turnaround on most bid bonds.
Start Your Bond Request
One form, every bond type — or chat with us and we'll confirm requirements right away.
All bond types — contract, subdivision & commercial
Request a Bond→One form for every bond request — we'll confirm requirements and route it right away.
✓ We'll review your submission, confirm any missing details, and follow up with a quote or next steps — typically within 1 business hour during business hours.
Available Mon–Fri — or leave a message and we'll follow up same day.