Maintenance Bonds
Maintenance bond wholesaler for agents. Guarantee a contractor's work against defects for a set period after completion. Start a maintenance bond quote.
A maintenance bond guarantees a contractor's work against defects in materials or workmanship for a set period after a project is completed — often one or two years. It gives the project owner recourse if problems surface after the job is done. Sometimes it is written into the performance bond, and sometimes it stands alone.
What a maintenance bond does
- →Guarantees the completed work against defects for the warranty period
- →Covers faulty materials and workmanship, per the bond terms
- →Runs for a stated term after the project is finished
Who needs one
- ✓Contractors whose contract requires a warranty or maintenance period
- ✓Contractors on public work with a defined maintenance term
How to place it through Baker
- →Send the project, the completion date, and the required maintenance term
- →We place it standalone or as an extension of the performance bond
- →Start a bond quote, or send the application link to your client
** Terms used here are a summary only. Always refer to the bond form and the obligee's requirements.