Surety Bonds:
These instruments guarantee the fulfillment of contract obligations. These contracts can involve both construction and other types of work or service required by public or privately-owned entities.
Five Such Bonds:
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Bid or Proposal Bonds - guarantees the owner (Obligee) that a party bidding for a contract will, if the bid is accepted, enter into a contract and furnish the necessary bond.
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Performance Bonds - this guarantees the owner that work will be completed according to the contract specifications.
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Payment Bonds (Labor & Material Bond) guarantees that the bills for labor and materials used in the work project will be paid as they become due.
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Maintenance Bonds
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Completion Bonds - this bond covers contracts that involve financing or design hazards.
Other Types of Bonds
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License & Permit, Public Offered Bonds
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Judicial Bonds and Miscellaneous Bonds
Wharton has a trained staff of professionals who will be able to provide you with the expertise needed to facilitate establishing a bonding program with one of our many surety carriers.
Small Contractors Bonding Program
Without C.P.A. Financials (Tax Returns Only)
24-Hour Turn Around Service
