Put Your Trust in IFS:Comprehensive Construction Bond Solutions
When your construction firm is up for a specific project, you want the ability to submit a bid without delays, particularly in this competitive market. You also want to be able to provide owners with a guarantee that you will perform a project on time and pay labor and material bills incurred on the job. With IFS Insurance as your partner, we will provide you with the bonds you need to bid on jobs and cover costs in the event of delays caused by your firm.
Type of Contract Bonds
We can provide you with the following critical bonds:
- Bid Bond. Ensures contract bidders will enter into the contract they are bidding on and will furnish payment and performance bonds.
- Payment Bond. Ensures suppliers and subcontractors are paid for work performed under the contract.
- Performance Bond. Ensures the contract is completed in accordance with the established terms and conditions.
- Ancillary Bond. Ensures requirements central to the contract that are not directly related to performance are executed.
Construction bonds not only provide the guarantee owners are looking for from contractors but they also provide them with the additional security of knowing that contractors have satisfied the surety’s comprehensive prequalification reviews. Whatever bond your contract or the law requires, IFS can secure it.