Contract Performance & Payment Bonds: Ensuring Reliable Contract Fulfillment

At HCC International Insurance Company, we understand that each bond is as unique as the contractor it supports. With our extensive experience and tailored approach, we provide robust surety bond solutions to meet the diverse needs of contractors across various sectors.

Overview

Whether your project involves building a school, paving a highway, or constructing a solar farm, HCC International Insurance Company is here to offer comprehensive support. As a leading provider of contract surety bonds, we bring the necessary expertise, capacity, and flexibility to address your specific bonding requirements. Our local knowledge and resources combine to deliver exceptional products and services for performance, payment, and maintenance bonds.

Highlights

• Performance and Payment Bonds: Our performance bonds ensure that contractors fulfill their project obligations as stipulated in the contract. Payment bonds guarantee that subcontractors and suppliers are paid for their contributions. These bonds are essential for protecting all parties involved in the project.
• Specialty Contracts: We offer bonds for specialty contracts that require customized solutions. Whether it’s a unique project or specific contractual terms, we provide the support needed to navigate these specialized requirements.
• U.S. Small Business Administration Bond Guarantee Program: For small and middle-market contractors, we provide access to the SBA Bond Guarantee Program. This program enhances your ability to secure bonds and expand your business opportunities.
• State and Local Bond Assistance Programs: We work with various state and local programs to provide additional support and resources for obtaining surety bonds. These programs help contractors meet bonding requirements and grow their operations.
• Quick’n Ez $250,000 Program: Our Quick’n Ez program is designed for small- and middle-market contractors needing single bonds up to $50 million. This streamlined program simplifies the bonding process and provides flexible terms.

Summary of Coverage

Not all contractors can qualify for surety credit through traditional methods. At HCC International Insurance Company, we are adept at underwriting special situations, including contractors with limited surety credit history or those looking to expand their business scope. We understand the unique challenges faced by these contractors and tailor our programs accordingly.

Our approach involves getting to know our clients and structuring bonding solutions that fit their needs. We offer various forms of collateral, including letters of credit, cash, real property, and pledged securities accounts, to secure the necessary surety credit.

Why Choose HCC International Insurance Company?

HCC International Insurance Company stands out for its commitment to providing exceptional surety bond solutions. Our ability to navigate complex bonding requirements and our flexibility in offering tailored solutions make us a trusted partner for contractors seeking reliable bonding support.

Documents & Forms

For more information on our surety bonds, including brochures, policy documents, and proposal forms, please visit our Surety Online Portal. Here, you can access all the necessary documents to help you with your bonding needs.