Contract Bonds

Contract bonds guarantee the contractor (principal) will perform the work and pay their suppliers, subcontractors, and laborers.  Below are types of contract bonds and how to apply.

Bid Bond

A bid bond contains two guarantees if you are successful on a bid.  First you will enter into the contract with the owner or prime contractor.  Second you will provide a performance and payment bond for that contract. The surety will underwrite the bid bond on the assumption that you will be successful, and will base their primary consideration on whether they would be willing to issue the performance and payment bond

To Apply:
New Customers: please call Kathy Weidner at (262) 502-3845.
Existing Customers: complete the bid bond request form and e-mail it or fax it to Kathy Weidner at (262) 953-1422.

Performance & Payment Bond (sometimes referred to as a contract bond)

A Performance and Payment Bond contains two guarantees.  First is that you will perform your work according to the contract.  Second is that you will pay your subcontractors and suppliers.

To Apply:
New Customers: please call Kathy Weidner at (262) 502-3845.
Existing Customers:  If a bid bond was provided, provide a list of the bidders and their bid amounts and a copy of the “Agreement”.  If a bid bond was not provided, complete the Performance and Payment Bond Request form, provide a list of bidders, and provide a copy of the “Agreement”.  Please e-mail or fax all information to Kathy Weidner at (262) 953-1422.

Subdivision Bond

Local authorities require a guarantee that the landowner completes mandatory public improvements in the process of a construction project.  This guarantees that those will be done.

To Apply: please call Kathy Weidner at (262) 502-3845.

Warranty Bond

A separate bond written to guarantee a warranty.

To Apply: please call Kathy Weidner at (262) 502-3845.

Right of Way Bond

This bond will generally guarantee the terms of a permit in granting a developer, property owner, or contractor the ability to work in or on the right of way or easement. This work sometimes includes the installing of utilities, turn lanes, etc.

To Apply: please call Kathy Weidner at (262) 502-3845.

Supply Bond

This bond is written to guarantee the terms of a supply contract.

To Apply: complete the Service/Supply Contractor Questionnaire and e-mail it or fax it to Kathy Weidner at (262) 953-1422.

All Application Forms

Bank Reference
Bid Bond Request
CNA Surety Fast Track
Contractors Questionnaire
Credit Report Authorization
Insco Xpress
NSI Rapid Contract Bond
Performance and Payment Bond Request
Personal Financial Statement
Service/Supply Contractor Questionnaire
Work in Progress (Contracts in Progress)