Commercial & Contract Surety Bonds

Payment Bonds

1. Last Three Fiscal Year End Financial Statements (F/S) Prepared By a CPA On Either A Review Or A Fully-Audited Basis. These F/S Should Be Prepared On The Cost-To-Cost Percentage of Completion Method Of Accounting; If you would like to view a sample Financial Statement, click here.
   
   
2. Six-Month Interim F/S, If The Most Current Fiscal Year End F/S Is More Than Six Months Old;
   
   
3. Most Current Corporate Tax Return;
   
   
4. Most Current Financial Statement and / or Tax Return on Affiliated Entities;
   
   
5. Personal F/S On All Stockholders And Their Spouses As of The Most Current Corporate Fiscal Year End Date AND Social Security Numbers On All Stockholders And Spouses;
   
   
6. Most Current Individual Tax Return on All Stockholders;
   
   
7. Aging Schedule of Accounts Receivable As of The Most Current F/S Date With Subsequent Collections Noted (if not already included in the F/S);
   
   
8. Current Schedule Of Contracts In Progress;
   
   
9. Fully Completed Contractor Questionnaire;
   
   
10. Current Letter From The Firm’s Bank(s) Outlining:
    • Average And Current Balances
    • Line Of Credit
    • Terms And Conditions Of The Line Of Credit
    • Amount Outstanding Against The Line of Credit
    • General Comments Including The Length of The Relationship
      
      
11. Three Supplier Reference Letters AND Three Projects Reference Letters, Preferably On The Largest Completed Projects;
    
    
12. Resumes On All Stockholders And Key Employees;
    
    
13. Business Continuity Plan (Such As A Buy-Sell Agreement Or Life Insurance Naming The Firm As Beneficiary);
    
    
14. Current Certificate Of Insurance;

    Bond Request Form, Copy of the Contract, Etc. (If Applicable)