A bond is a three-party contract between you (the principal), your client (the obligee), and the surety provider. If you fail to perform according to the contract terms, the surety will step in to fulfill your obligation. In this event, the surety provider will expect to be made whole via the indemnity agreement, which is both a corporate and personal guarantee from you to the surety. Surety bonds can boost your revenue and fuel your growth as a general contractor by: Allowing you to bid on larger and more complex projects Improving your reputation Helping you build the company’s financial strength and generational wealth Bonds are required on all public projects and many private commercial projects. Our in-house bond underwriters can help you secure the bonds you need and increase your bonding capacity to win bigger projects.