Maintenance Bonds

Upon completion of a bonded project, the Owner or General Contractor may require a Maintenance Surety Bond to guarantee against issues that may arise after the construction has ceased.  The Maintenance Bond provides to the Owner or General Contractor a financial guarantee that the Contractor or Subcontrator will correct any issues that arise as a result of defective designs, poor/substandard workmanship or materials used.  The term of these bonds is usually 1 year, with occassions that require multiple years.