Delaney Insurance Agency, Inc.

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Contract and Commercial Surety

Bid Bond

A bid bond is issued as part of a supply bidding process by the contractor to the project owner, to in hopes guarantee that the winning bidder will undertake the contract under the terms at which they bid.

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Performance Bond

A performance bond, also known as a contract bond, is a surety bondissued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. A job requiring a payment andperformance bond will usually require a bid bond, to bid the job.

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Payment Bond

A payment bond is a surety bond posted by a contractor to guarantee that its subcontractors and material suppliers on the project will be paid. They are required in contracts over $30,000 with the Federal Government and must be 100% of the contract value. They are often required in conjunction with performance bonds.

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Why Do I Need a Bond?

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Email: compliance@delaneyins.com facebook(opens in a new tab) twitter (opens in a new tab)
Address: Delaney Insurance Agency, Inc.
8231 White Oak Ave., Rancho Cucamonga, CA 91730
Top 10 Insurance Agencies in San Bernardino County
Phone: 909-481-7222 Top 10 Insurance Companies in Rancho Cucamonga
Fax: 909-481-7217 The Best 10 Auto Insurance in Rancho Cucamonga, CA
License #: 0725700 Best Insurance Services in Rancho Cucamonga, CA