Bonds

Performance & Payment Bond

A performance and/or payment bond is specifically intended to cover a particular contract. A performance bond covers the contractor's actual performance of the contract. It guarantees payment -- up to the penal sum -- of such things as cost of completion or cost to correct deficiencies which are the responsibility of the contractor. A payment bond is intended to pay laborers, suppliers and other contract-related costs which the contractor owes to third parties.

To submit a request for performance and/or payment bond please fill out the form below or visit our bond forms library to print the request form and submit via fax/email to bonds@tonry.com.

Our Customers Say

Jacquelynne Maloney at the Tonry agency has helped us immeasurably navigating the bonding process.  She took the time to get to know us and develop a complete picture of our company, our goals and objectives, our capabilities, our needs and the history of our company.  Her knowledge of the market allowed her early on to recognize what program would work for our company.  Other bonding agencies simply asked for a copy of our financial statement, balance sheet and work on hand.  They appeared to have no interested in whether we were making cupcakes or nuclear missiles.  Jacquelynne took the time to get to know us personally.  To her we were more than just our financial statement.

President

Richardson Electrical Company, Inc.

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