Skip to main content
BSB
Often FREE with P&P Bonds

BidBonds

Get bid bonds to compete on federal, state, and local construction projects. Often FREE for qualified contractors with performance and payment bonds.

Often FREE
Cost
Same Day
Approval
$3M
Federal Max
5-20%
Coverage
Get Bid Bond QuoteBundle with P&P

Get Your Bid Bond

Same-day approval available

📋 Get Your undefined Contractor Bond Quote

Fast approval • Competitive rates

✓Fast approval•✓A- rated carriers•✓All 50 states
Treasury Listed
Same-Day Approval
Miller Act Compliant
SBA Approved

Performance Bonds

Guarantees project completion

Payment Bonds

Protects subcontractors and suppliers

P&P Combined

BEST VALUE

Both bonds + FREE bid bonds

Bid Bond Requirements

Federal, state, and local bid bond thresholds

Federal Contracts

Threshold$150,000+
Bond Amount20% of bid (max $3M)
AuthorityFAR Part 28

State Projects

Threshold$25K-$100K+
Bond Amount5-10% of bid
AuthorityLittle Miller Acts

Municipal

ThresholdVaries
Bond Amount5-10% of bid
AuthorityLocal ordinances

How Bid Bonds Work

The first step in construction project bonding

1

Submit Bid with Bond

Include a bid bond with your proposal. The bond guarantees you'll honor your bid if selected.

2

Win the Contract

If you're the winning bidder, you must enter into the contract at your bid price.

3

Provide P&P Bonds

After winning, you'll need to provide performance and payment bonds before work begins.

Frequently Asked Questions

Common questions about bid bonds

What is a bid bond?

A bid bond guarantees that if you win a contract, you will enter into the contract at the bid price and provide the required performance and payment bonds. If you fail to do so, the project owner can claim the bid bond amount.

How much does a bid bond cost?

Bid bonds are often FREE for qualified contractors when issued with performance and payment bonds. If charged separately, cost is typically $50-$100 per bond regardless of project size.

What is the bid bond amount?

Federal contracts require 20% of the bid amount (up to $3 million). State and local projects typically require 5-10% of the bid amount. The bond amount is not what you pay - it's the coverage amount.

How fast can I get a bid bond?

Same-day approval for qualified contractors with an established bonding relationship. New contractors can typically be approved within 1-2 business days.

Do I need a bid bond for every project?

Yes, if the project requires one. Federal contracts over $150,000 always require bid bonds. State and local requirements vary. Private projects may or may not require bid bonds.

State Contractor Bonds

License bonds required before bidding in many states

CaliforniaTexasFloridaNew YorkIllinois

Contract Bonds

All construction bonding types explained

Contractor License Bonds

State licensing requirements

Written by BuySuretyBonds.com
Licensed surety bond agency operating nationwide with direct integrations to Treasury-certified surety carriers. Our platform enables instant approval for license and notary bonds, with 24-48 hour underwriting for commercial bonds. All content is researched from official state and federal sources (.gov) and reviewed by licensed insurance professionals.
Verify insurance producer licenses →
Often FREE with P&P Bonds

Ready to Win More Contracts?

Get bid bonds to compete on federal, state, and local projects. Often free for qualified contractors when bundled with performance and payment bonds.

Get Bid Bond QuoteBundle All Bonds
Treasury Listed
Same-Day Approval
Often FREE