Let us help you grow your business with a Surety Bond Program.
We understand that maintaining a solid surety program is vital to a contractor’s success.
TSIB works with hundreds of construction companies nationwide and places over $50M in bond premium annually, which gives us access to more surety markets than most brokers. This ensures that our clients are placed with a surety company that meets their specific needs.
In addition, our construction roots give us an understanding of our clients’ business better than any other agency. Our Surety team keeps our clients more competitive in the marketplace in terms of bonding capacity and bond rates.
From General Contractors to Trade Contractors, we review a company’s size, industry, field of expertise, financial picture, and credit risk to match them with a surety that best fits their profile.
The surety arrangement is a three-party agreement made between the owner of the project (Obligee), the general contractor (Principal), and bonding company (Surety).
Our Surety Services Include:
- Bid Bonds
- Performance Bonds
- Labor & Material Payment Bonds
- Maintenance Bonds
- Discharge of Mechanic’s Lien Bonds
- Subdivision Bonds
- Supply Bonds
- Contractor License & Permit Bonds
- Retention Payment Bonds
- Appeal Bonds
TSIB recognizes that each client’s surety program is unique to them. It is our mission to make sure we understand the details of our clients’ business, so we can effectively help maximize their bonding program.
At TSIB, we can assess your Surety Bond Program and give you guidance on areas for improvement that will make your bond program “Best in Class.”