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A Streamlined
Program
King Surety Group, working with two major surety
companies, is pleased to offer
special bonding programs for contractors with smaller or limited
bonding needs. These are aimed at emerging contractors who have never had or infrequently
need a surety bond. Our programs offers ease of application and
fast turnaround and relies more on a contractor's experience
and liquidity rather than expensive CPA prepared financial statements.
Now there is no need for a contractor to pass on bidding work
due to the Performance and Payment Bond requirements!
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To apply
you need simply provide the following:
- Fully complete the King
Surety Group short form Under 100 Application
- Furnish your three most
recent Business financial statements, no matter by whom prepared
- Furnish the most recent
Personal financial statements for each owner and/or officer
In addition:
- Provide a bond request
form for all bid and final bonds. Call or EMAIL for copies of
this form.
- For bid bonds, provide
a copy of the invitation to bid, or solicitation with the bond
form
- For final bonds, provide
a copy of the award letter, bond form and contract
- Provide the bid results
including a list of bidders and the amounts of their bids
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