Contract bonds are required when an individual or company has a contractual obligation to perform work or provide services to another entity. The bond guarantees that the individual or company will fulfill the terms of the contract.
Goldleaf is experienced in obtaining a variety of these bonds for clients which include:
- Bid Bonds
- Performance and Payment Bonds
- Sub-Division and Site Improvement Bonds
- Bonding for Start-up Companies.
Contract Bonds under $750,000
Goldleaf’s Short-Cut Bond Program is for bid or performance bonds up to $750,000. Goldleaf offers several programs for surety companies using the owners’ credit scores as the primary underwriting criterion. Generally, under this program, if the owners have qualifying credit scores, Goldleaf probably can qualify them within one business day.
Contract Bonds over $750,000
Goldleaf can assist clients in obtaining contract bonds over $750,000 with a full underwriting file.