Construction Bonds for Contractors
Secure the bonds you need to bid on and complete construction projects. Fast approval for performance, payment, and bid bonds from Treasury-certified carriers. You pay nothing until your bond is issued.
Get Your Contractor Bond Quote
Same-day approval available • Competitive rates
Pay only after your bond is issued • No obligation • 2 minutes
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Construction Bond Types Compared
Side-by-side comparison of the bonds used on construction projects
| Bond Type | Protects | Typical Amount | When Required |
|---|---|---|---|
| Bid Bond | Project owner (bid integrity) | 5-20% of bid | At bid submission |
| Performance Bond | Project owner (completion) | 100% of contract | At contract execution |
| Payment Bond | Subs & suppliers (payment) | 100% of contract | At contract execution |
| P&P Combined | Owner + subs/suppliers | 100% of contract | Federal $150K+; state varies |
| Maintenance Bond | Owner (warranty defects) | 50-100% of contract | After project completion |
| Supply Bond | Buyer (material delivery) | 10-100% of supply value | At purchase agreement |
Federal projects over $150,000 require performance and payment bonds under the Miller Act (40 U.S.C. §§ 3131-3134). Bid bonds required at 20% of bid amount (max $3M).
For a detailed pricing breakdown, visit our surety bond cost guide or use the construction bond calculator.
Essential Construction Bond Types
From bid bonds to performance and payment bonds - we provide all the bonding solutions you need. Estimate your construction bond cost.
Guarantees the contractor will complete the project according to contract terms
Common Uses:
Ensures subcontractors and suppliers are paid for their work and materials
Common Uses:
Single bond combining both performance and payment protection - required for federal projects over $150K
Common Uses:
Guarantees the contractor will honor their bid and provide required bonds if awarded
Common Uses:
Guarantees defects will be repaired during the maintenance period
Common Uses:
Guarantees delivery of materials or equipment according to purchase agreement
Common Uses:
What Are Construction Bonds?
Construction bonds are a category of surety bonds specifically designed for the building industry. They fall under the broader umbrella of contract bonds and protect all parties involved in a construction project—from the owner who commissions the work to the subcontractors and suppliers who deliver it. Unlike insurance policies, which protect the policyholder, construction bonds protect the obligee (project owner) and downstream parties (subcontractors).
The three most important construction bonds work together in sequence: a bid bond guarantees the contractor's bid, a performance bond guarantees project completion, and a payment bond guarantees payment to all parties who furnish labor and materials. The federal Miller Act requires all three on contracts over $150,000, and every state has a similar "Little Miller Act." For information on how much construction bonds cost, use our calculator or read the cost guide.
How to Get Your Construction Bond
Simple process, fast approval. See our full surety bond application guide.
Apply Online
Complete our simple application with project details
Get Approved
Receive approval within 1-5 business days
Start Working
Receive your bond and begin your project
State Contractor License Bonds
Before bidding on projects, many states require a contractor license bond to obtain your license.
Frequently Asked Questions
What types of construction bonds are available?▼
How much do construction bonds cost?▼
What are the three main types of construction bonds?▼
What do I need to qualify for construction bonds?▼
Are construction bonds required by law?▼
What is the difference between construction bonds and contractor license bonds?▼
Related Bonding Resources
Performance & Payment Bonds (Combined)
Get both bonds with one application. Required for federal projects over $150K.
Learn MoreReady to Get Your Construction Bond?
Fast approval, competitive rates, expert support for all construction projects. No payment required until your bond is issued and in hand.
Get Your Contractor Bond Quote
Same-day approval available • Competitive rates
Pay only after your bond is issued • No obligation • 2 minutes
Step 1 of 2
