What is a Construction Bid Bond?
In this video I will fully explain what a construction bid bond is and why it's required to win projects.
Once you understand the bid bond and it's role in getting a performance bond and payment bond, you can start being more successful when you bid and you can start winning projects.
Use the timestamps below so skip around if you need.
- 00:32 - What is the Purpose of a Bid Bond?
- 01:05 - What is the Bid Bond Amount?
- 01:27 - Bid Rules You Should Know About
- 01:38 - The Federal Miller Act for Construction Projects
- 02:13 - State Government and Private Construction Bond Requirements
- 02:47 - Getting Your Bid Bond is More Than Only the Bid Bond
- 03:50 - How Surety Bonds Direct Helps You Get Pre-approved for a Bond Program
- 04:04 - Bid Bond Recap
- 04:24 - What to Do Next to Get Your Pre-approved Bond Program Set Up
What is a Construction Performance Bond?
Learn what and how a performance bond works in a construction project. Once you understand this we'll help you get pre-approved for a construction bond program.
What is a Construction Bond Program Or Bond Capacity?
Learn what a construction bond program is and why you should get pre-approved for a bond capacity limit. This will help you bid on more projects and win more too.
Learn the difference between a bid bond and a performance bond and how they work together and how you can start winning bids on projects.
What is a Performance Bond in Construction
Learn the role or performance bonds in construction projects. Learn what the bond is, why it's required, and how you can purchase yours and save money!
Learn how a bid bond works for a construction project. Plus learn the other bonds you'll need to get approved for when you purchase your bid bond.
Can't find what you need?
Let our bond experts help!
Get Started »
No obligation, takes 2 minutes
If you'd prefer, call us at
