Bonds

TISC has the experience, expertise, and resources to handle the bonding needs of small, mid-size, and large companies.

The carriers we represent have the ability to handle most bond requirements. Surety Bonds are credit instruments and are NOT insurance products. Approval of the bonds from the issuer is dependent on the scope of the project, the company’s financial strength, as well as any other outstanding bonds that you already have. Many projects that you are bidding on will require specific insurance and bond obligations. If you anticipate bidding on a project please let us know as soon as possible so we can start the underwriting process.

Contract Bonds

TISC has a full menu of contract bonds. We work with General Contractors, Heavy Contractors, Construction Managers, Mechanical Contractors, Specialty Contractors and Subcontractors to place the following contract bonds such as:

  • Bid Bonds
  • Performance & Payment Bonds
  • Maintenance Bonds
  • Supply Bonds

Commercial Bonds

TISC has access to broad Commercial Surety Bond instruments including the following:

  • License & Permit Bonds
  • Public Official Bonds
  • Notary Public Bonds
  • Judicial (Court) Bonds
  • Discharge Mechanics Lien Bonds
  • Lost Instrument Bonds
  • Wage and Welfare Bonds
  • Bankruptcy Trustee Bonds
  • Federal Bonds (including Medicare Bonds)

Fidelity Bonds

In addition to Contract and Commercial Bonds, we bring the same consistent high-level personal service to offering the following Fidelity Bonds:

  • Dishonesty Bonds
  • Janitorial Service Bonds
  • Blanket and Schedule Bonds
  • Pension Trust (ERISA) Bonds

We have the ability to handle your company’s bonding needs and have the expertise to guide you through the bond process as efficiently as possible with personal service. It starts with an application. Due to the current economic climate, we have seen a tightening in the surety market, as with other financial markets. Therefore, the underwriting and approval process can take up to 10 business days or more.

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