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Old 01-23-2008, 03:42 PM
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Default Janitorial Service Contract Bonds

Can you issue performance and payment bonds for janitorial service? Do you handle multi-year contracts?
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Old 01-24-2008, 09:31 AM
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Default Performance Bonds

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Originally Posted by Bond Magician
Can you issue performance and payment bonds for janitorial service? Do you handle multi-year contracts?
Yes - we can write performance bonds for janitorial service contracts. However, multi-year contracts can be a challenge. One surety that we use does not like multi-year contracts. Unfortunately, that company is the one that only requires good personal credit to get bonds for $200,000 and under. We do have another company that will write the multi-year bonds, but they require a full submission - including all financials. Best to have a dialogue with your bond representative to see if we can help you in your particular situation.
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