Frequently-asked questions

Performance, payment and service bonds are vital to the construction and service industry. They act as insurance for the project owner that you can complete the project and honor all your financial obligations. Knowing what bonds are, how they work and how to use them can be very confusing for business. That’s why we are happy to provide a list of frequently asked questions about performance, payment and services bonds along with a broad variety of other bonds you might need to further your success in business.

1. DOES MY COMPANY QUALIFY?
2. WHAT SIZE CONTRACT DO WE QUALIFY FOR?
3. HOW QUICKLY CAN OUR COMPANY COMPLETE THE PROCESS?
4. WHAT IS THE BEST METHOD TO CONTACT NATIONAL SURETY SERVICES?
5. WHAT IF THE OWNER(S)/SPOUSE(S) HAVE POOR PERSONAL CREDIT?
6. WHAT IS A BID BOND?
7. WHAT IS A PAYMENT BOND?
8. WHAT IS A PERFORMANCE BOND?