CONTRACT SURETY

Contract Payment and Performance Surety Bonds guarantee performance of all terms and conditions of a specific contract, and/or payment of all labor and materials provided to complete the contract, up to the amount of the bond.

CBIC is a complete facility for contract, bid, performance and payment bonds up to $10 million single and $15 million aggregate with higher limits available on an individual basis.

CBIC has three contract surety programs to choose from:

standard market program

under 200k

under 50k