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Payment & Performance Bond

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American Surety Bonds Agency, LLC provides simplified and fast underwriting for all Payment & Performance Bonds.

What is a Payment & Performance Bond?

A Payment and Performance Bond is a blanket term referring to two separate contract bonds: Payment and Performance. Payment & Performance Bonds, or Final Bonds, are usually required and issued together.

What are the underwriting guidelines?

Payment & Performance Bonds are underwritten on the following criteria:

How much does the bond cost?

American Surety Bonds Agency has many programs in place for Payment & Performance Bonds. Programs start at less than 1% of the contract amount and range upwards depending on the underwriting guidelines.

Contact us today to find out which program you qualify for.

How do I apply for a Payment & Performance Bond?

There are two ways to apply for a Payment & Performance Bond: Fast Track or Traditional Bond Kit.

Who can I contact for more information?

Sam Newberry
MM, Senior Underwriter

Are there any other bonds I might need?

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