• All About Surety Bonds
  • What Are Surety Bonds
  • Surety Bond Types
  • Obtaining a Surety Bond
  • Cost of a Surety Bond
  • Bad Credit Surety Bond Program
  • Performance Surety Bonds
    • What are Performance Bonds
    • Performance Bond Requirements
    • Typical Performance Bond Costs
  • License Surety Bonds
  • Surety Bonds at Work
  • Importance of Surety Bonds
  • Ten things about Surety Bonds
  • The Miller Act
• Surety Bond Services
  • Services
  • Applications and Forms
  • Contact Us
  • About Us
• Commercial Surety Bonds
  • Court Bonds
    • Appeal Surety Bonds
    • Conservator Surety Bonds
    • Executor Surety Bonds
  • License & Permit Surety Bonds
    • Collection Agency Surety Bonds
    • Conduct Surety Bonds
    • Contractor License Surety Bonds
    • Cosmetology Surety Bonds
    • DMEPOS Surety Bonds
    • Driving School Surety Bonds
    • Health Club Surety Bonds
    • Liquor Surety Bonds
    • Mortgage Broker Surety Bonds
    • Mortgage Lender Surety Bonds
    • Motor Vehicle Dealer Surety Bonds
    • Pest Control Surety Bonds
  • ARC Surety Bonds
  • Farm Labor Surety Bonds
  • ICC/FMCSA Surety Bonds
  • IFTA Surety Bonds
  • Lease Guarantee Surety Bonds
  • Liquor Tax Surety Bonds
  • Lost Title Surety Bonds
  • Lottery Surety Bonds
  • Reclamation Surety Bonds
  • Sales Tax Surety Bonds
  • SDDC Surety Bonds
  • Tax Payer Surety Bonds
  • Utility Deposit Surety Bonds
  • Wage & Welfare Surety Bonds
• Contract Surety Bonds
  • Bid, Payment and Performance
  • Construction Surety Bonds
  • Subdivision Surety Bonds
  • Warranty Surety Bonds
• Fidelity Bonds
  • Business Services Fidelity Bonds
  • Dishonesty / Fidelity Bonds
  • Janitorial Services Fidelity Bonds

Bid Surety Bonds are required to secure a bid on a contract. The Bond guarantees that the Contractor will be able to secure a Performance and Payment Surety Bond in the event that the Contractor wins the bid.

Performance Surety Bonds guarantee that the Contractor will adhere to the conditions of the contract.

Payment Surety Bonds guarantee the Contractor will pay the Subcontractors and Suppliers involved in completing the job.

There are many different programs for these types of Bonds including "Fast Track" programs for contracts under $250,000.

Viking Bond Service, Inc. is a registered "SBA" (Small Business Administration) agency. This allows us to write business under the SBA’s Bond Guarantee program. There are no specialty requirements up front to apply for this program. Simply apply as you would for normal Payment and Performance Surety Bonds and Viking will determine your eligibility. If we determine that the SBA’s Bond Guarantee Program is the best option for you, we will then request the additional SBA paperwork.

The link below to the SBA’s website gives useful information as to the eligibility requirements for their Bond Guarantee Program.

SBA Bond Guarantee Program Eligibility Requirements

Viking Bond Service, Inc. can generally quote your Bid, Payment, and Performance Surety Bond request in 1 to 2 business days, regardless of credit, and issue it upon receipt of payment of premium.

Contact us to recieve your Free, No Obligation Quote on a Bid, Payment and Performance Surety Bond.