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Old 02-14-2008, 07:56 PM
Surety Queen Surety Queen is offline
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Join Date: Oct 2007
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Default Maintenance Bond

Quote:
Originally Posted by Numbers
I have a performance bond which is about to be released. I wiil need a 1 year maintenance bond after the release. Is this included in my original performance bond at no extra cost?
Most Surety companies will allow issuance of a one year maintenance bond at no premium. That's assuming that they wrote the original performance bond. If, however, you need a two year maintenance bond, there would be a small fee.
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