Different surety needs are met by different classes of surety bonds.

Owning a business means taking risks. While there are many Bonds from which to choose, they can be issued for an extensively wide range of circumstances, and choosing the right bond to suit your needs can be a difficult task.

The professional and knowledgeable bond specialists at Assured Partners of Northeastern Pennsylvania will work with you to develop a business solution to help meet all of your bonding goals. In addition to providing quality surety products, we also provide various licensing and permit services to ensure that your business runs to the letter of the law.

Classes of Surety Bonds

Contract Bond

Guarantees that an entity awarded a contract will meet its obligations under that contract. Included in this group are bid bonds, performance bonds, payment bonds, maintenance bonds and supply bonds.

Subdivision Bond

Guarantees that developers will make certain “off site” or “public” land improvements in accordance with state, county or municipal specifications.

Commercial Surety Bond

Can guarantee a variety of business obligations which require surety bonds. Commercial Surety Bonds include all non-contract surety bonds, including numerous types of license and permit, miscellaneous and court bonds.

License and Permit Bond

Guarantees that individuals granted a license or permit to operate a business or to exercise a privilege will meet the obligations under that license or permit.

Information Needed for Surety Bonding

  • Completed contractor questionnaire
  • Year end financial reports for last 3 years and a current interim report if available
  • Personal balance sheet of all owners
  • Letter from bank outlining the line of credit, past experience and reference from the bank
  • Schedule of work in progress
  • Surety credit desired per job and aggregate
  • Current bond rates
  • Insurance certificate
  • Federal Employer ID number
  • Any additional information requested from surety company

Why choose Assured Partners of Northeastern Pennsylvania?

  • Well respected and has a reputation for integrity in the construction industry
  • Understanding of construction industry
  • Knowledge of banking, finance and construction accounting procedures
  • In depth knowledge of construction contracts and related documents
  • Proven Track record and solid partnerships with surety underwriters
  • Understanding of local and regional construction market trends
  • Provides strategic planning and management practices that promote successful contractors with enhanced bonding capacity