Surety Bonds

Just like standard insurance policies, Surety Bonds come in all shapes, sizes, and options. 

In general, Surety Bonds are needed to guarantee that one individual or entity will perform a job according to the specification of a contract, ordinance, or other requirement.  If the project is defaulted, the surety company is obligated to find another company to finish the job or compensate the project owner for the losses incurred.   TROXELL has an in-house Bonds Specialist who will generate a bond for your company at the right price.

There are different types of Surety Bonds that TROXELL can assist you with:

  • Bid Bond: Guarantees that the winning bidder will undertake the contract under the terms at which they bid.
  • Payment Bond: Confirms suppliers and sub-contractors are paid for work performed under the contract. 
  • Performance Bond: Ensures the contract will be completed in accordance with the terms and conditions of the contract. 
  • And more!

Need a bond?  Please fill out the information below to put in a request today!  TROXELL's in-house Bond Specialist can help you get what you need!