Initial Cost Annual Underwriting Fee when you are accepted into the Quickbond Programme
Tender Bonds
When Job Awarded to You
$900/year for bond limit under $500,000 (contract amount)
OR
$1500/year if you qualify for and choose the facility with single job size limits exceeding $500,000.
$150 for prequalification letters
$250 for tender bonds (bid bonds and/or agreements to bond).
Use the calculator below to compute the costs of the required bonds so you can build that cost into your tender price.