Payment Bond

A Bond guaranteeing that a contractor will pay fees owed for labor and materials necessary for construction of a project. If these fees are not paid, an owner who has paid the contractor might be confronted with subcontractor’s or worker’s liens filed against the completed project. If this happens, the owner could end up paying many times the value of the work done.

To Apply:

Bid & Performance Bonds

Contract Bonds – Up to $250,000

We underwrite this bond based on credit report and approval of this program within 24 hours.

  1. Download Application, Sign and Fax to 713-785-2711
  2. If this is a bid bond, include special bond forms and bid specification
  3. If this is for a new contracted project, include a copy of the contract purchase order

Contract Bonds – Over $250,000

We underwrite this bond based on credit, experience, and references.

  1. Download Application, Sign and Fax to 713-785-2711
  2. Download Personal Financial Statement
  3. If this is a bid bond, include special bond forms and bid specification
  4. If this a for a new contracted project, include a copy of the contract purchase order
December 7th, 2012 by All State Bonds