Black Bear Insurance Agency
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Bonds
Black Bear Insurance Agency offers a variety of bonds for your business needs:

Contract Bonds are written to guarantee the fulfillment of a contractual obligation. They are most commonly used for construction projects and for the supplying of goods. There are many types of contract bonds, of which the most common are bid bonds, performance bonds, payment bonds, and contractor’s performance bonds. Other types include maintenance bonds, subdivision bonds, and supply contract bonds.

Contract Bonds are commonly required by law on construction work for public bodies and not often seen in private construction work. The reason is that the cost of the bond will be added to the contractor’s price. Regardless of what type of job it is, the agents at Black Bear can help. If you need a contract bond for a job, then please contact our office. We have the ability to work with your needs and get a bond that covers your contract.

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