Post by – Joe Allen –
In addition to bid and performance & payment bonds, CCI Surety also has strong options on many other types of bonds including subdivision bonds. We compete when your contractor is declined due to their credit and/or financials, receives collateral offers, or cannot obtain approval for the size of bond they are seeking.
Subdivision Bonds – Application
Additional required information:
- Company/Personal Financials, Subdivision Agreement, Engineer Estimates, Funding Verification and Bond Form
P&P Bonds up to $3,000,000 – Application and Checklist
- Competitive Rates
- Potential with in-house financials
- Options with no collateral
- Handle low credit scores or financial issues
P&P Bonds up to $500,000 with credit and experience – Application
- Rates to compete with other credit-based programs
- Fast turnaround for experienced contractors
- No financials for most types of work
P&P Bonds $400,000 and under – Application
- No financials for most types of work
- Flexibility for accounts with credit issues
- Credit report is still reviewed
