CONTACT YOUR BONDING & CREDIT SPECIALIST TODAY

Commonly referred to as “Material House Bonds”, Honsador’s bond provides both performance and payment protection to ensure the construction project is completed according to Contract, Plans and Specifications and all related expenses are paid.  Honsador fulfills this commitment through the use of experienced bonding professionals at each of its five locations and proven bond underwriting and administrative practices that includes managing the disbursement of funds on projects it bonds.
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List of Documents Required for Bonding

Credit Requirements:
Current Credit Application on File (Contractor’s only)
Executed Indemnity Agreement on File
Current Financial Statement on File (personal and company)
Executed Application for Performance & Payment Bond by Owner on File
(owner builders only)
 
Contract Information:
Completed Bond Application/Job Cost Breakdown
Copies of Subcontractors' Bid Proposals
Executed Construction Contract
All Addendums and Revisions
Executed Specifications
Stamped plans signed by Owner and Contractor
Building Permit
 
Insurance:
Current Insurance Certificate on File Including:
            A.  Comprehensive Liability ($300,000 Minimum Coverage)
            B.  Workman's Compensation
            C.  Fire Insurance for Value of Completed Dwelling (By Owner)
 
Others:
List of Job References (for first time bond applicant)
Complete Material List

CONTACT YOUR BONDING & CREDIT SPECIALIST TODAY