No matter which surety bonds you need, we're here to help you find the right solutions and get you bonded quickly and easily.

​

You may already know that obtaining the right bonds is part of your success, or that they will open the doors you want to take your business through to level up. 

 

It helps to have a good familiarity of surety bonding as well as a trusted advisor in your corner to get the right bonds for jobs in your radar.

​

If your business is in an industry such as construction, transportation, IT, or energy, you're going to be promarily focused on Payment & Performance Bonds, which is the category of surety bonds that DNI Services is known for.

​

Performance Bonds vs. Payment Bonds
These bonds are often thought to be the same thing. Although payment bonds are a requirement for many construction projects along with performance bonds, they have different purposes. 

​

Performance bonds issued by a bonding company guarantee the satisfactory completion of a project by a contractor. It protects the owner in case the contractor fails to complete the contractual obligations. 

 

Payment bonds guarantee that the contractor will pay all laborers, material suppliers, and contractors per contractual obligations.

 

P&P Bonds can have any face value, but they are usually issued in an amount covering 50 to 100% of the value of the construction contract, with 100% performance and payment bonds being the most frequent.

 

The premium can range from around 0.5% of the contract value on the low end to 3% on the higher end, but the cost can vary widely from company to company, depending on the financial capacity, company history, and credit, among other items.
 any other government contracting opportunities.  

​

License & Permit Bonds

There are numerous types of surety bonds that fall under the license and permit bond category, and they can come with a wide variety of guarantees.

​

DNI provides every kind of commercial bond in use today, including License, Permit, and Court Bonds for a variety of corporate clients. Here's a list of the primary classifications for guarantees that accompany different types of license and permit bonds:

​

• Compliance Bonds (with third-party liability)

• Forfeiture Bonds

• Tax or Fee Bonds

• Merchandising and Dealer Bonds 

• Reclamation and Environmental Protection Bonds

 

To address all your concerns regarding bonds, consult with us and let us earn your business before you make a decision.  We promise you the best service and expertise in the industry and a quick and easy process for obtaining the bonds you need.