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 all types of surety bonding. Complete our surety bond application to apply for a surety bond now. Or, for a free consultation about your surety bonding needs, please call 510-435-8425 or contact us.
