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Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We’re insurance bond experts and we’ll get it taken care of you… Fast! 

What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.

The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. ​

Typical Insurance Bonds

Although Although there are many types of insurance bonds, the four most common types needed by business owners are:

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Bid Bond

Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.

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Payment Bond

Ensures suppliers and subcontractors are paid for work performed under the contract.

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Performance Bond

Ensures the contract will be completed in accordance with the terms and conditions of the contract.

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Ancillary Bond

Ensures requirements integral to the contract, but not directly performance related, are performed.

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Clatskanie Branch

Address: 225 E Columbia River Hwy,
Clatskanie, OR 97016
Phone: (503) 728-4391
Toll Free Phone: (877) 362-4391
Hours: 8:00AM-5:00PM
Mailing Address: P.O. Box 777, Clatskanie OR 97016

Scappoose Branch

Address: 52381 S Columbia River Hwy,
Scappoose, OR 97056
(Inside Wauna FCU)

Phone: (503) 543-5636
Hours: 9:00AM-5:30PM

Mailing Address: P.O. Box 777, Clatskanie OR 97016 

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