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  1. Numbers
    Numbers is offline Member
    Join Date
    Oct 2007
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    80

    Maintenance Bond

    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?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    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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