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Contract Maintenance Bonds


Maintenance Bond Information

A maintenance bond is a type of contract surety bond used to ensure that cases of defective materials or workmanship arising after a projects completion are corrected or financially indemnified by the contractor. Claims are typically filed to offset the cost of such repairs.

How much does a Maintenance Bond Cost?

Maintenance Bond prices vary based on the bond amount and the applicant. Most contact bonds are priced at 2-3% of the bond amount. Request a free, no-obligation quote and one of our bond specialists will look at your specific circumstances.

The party requiring the bond should have specified the bond amount. If not, the bond amount is likely the same as the total contract amount. If you are requesting a bid bond, the bond amount is often only 5-10% of the contract value.

If you'd prefer to speak with one of our bond specialists, please call us at 1-800-608-9950. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.