Finally ....Bonds for Canadian Contractors like you....
| APPLY FOR A TRADITIONAL BOND FACILITY |
If you need bonds quickly and the jobs you typically bid on are less than $1,000,000 then the Quickbond programme is perfect for you.
If you need bonding on larger projects and have a couple of weeks to work on your application then a traditional bond facility is likely the best option. We are licensed with all the major bonding companies in the country.
| Quickbond Program | Traditional Bond Facility | |
| Rates | Higher due to limited underwriting information required thus greater risk taken Annual fee between $900/year and $1500/year plus $250 for each tender bond required throughout the year | Industry standard depending on bonding company used Annual fee again depends on the bonding company used but typically about $3500 per year |
| Project Size | Limited to Contracts under $1 million or less depending on the strength of your application | Determined on a case by case basis |
| Exclusions | ||