Bid Bonds
Secure your competitive advantage with fast bid bond approvals that demonstrate your credibility to project owners.
What is a Bid Bond?
A bid bond is a type of surety bond that guarantees you will enter into the contract and provide the required performance and payment bonds if you are awarded the project.
Bid bonds protect project owners from contractors who submit frivolous bids or who cannot follow through on their commitments. They demonstrate your financial capability and serious intent to complete the project.
For most established contractors, bid bonds come at no cost when you have an existing surety bond line with adequate capacity.
Typical Bond Amounts
Why Choose RGI for Your Bid Bonds?
Competitive Advantage
Demonstrates your credibility and financial stability to project owners
Project Protection
Guarantees you'll honor your bid and provide required performance bonds
Fast Processing
Quick approvals to meet tight bidding deadlines
What You'll Need to Apply
Need a Bid Bond?
Get fast approvals for bid bonds with our expert guidance. We specialize in helping contractors secure the bonds they need for competitive bidding.