Bid Bond
A bid bond is a construction surety bond required of a contractor submitting a bid on a project. The bid bond helps the obligee receive serious quotes since the developer receives the difference between the lowest bid and the next highest bid if the contractor refuses to undertake the project.
Alpha Surety is a nationwide surety bond broker offering simple, fast solutions for all types of surety bonding in all 50 states. We offer our customers extremely competitive pricing with multiple national carriers as well as world class support. For a free consultation about your surety bonding needs, please call 510-435-8425 or contact us. Or, to apply for a free quote, please complete our surety bond application.
