Account
Get our app
Account Sign up Sign in

Make your Free
Performance Bond

When you're investing in a complex project, a Performance Bond ensures that your contractor gets the job done right-or you get paid. You never know what will come up over the course of a construction... Read More

Make document
Sample Performance Bond Template
How It Works About Document Related Documents

How It Works

Create your document

Create your document

Answer a few simple questions to make your document in minutes

Save, print & share

Save, print & share

Save progress and finish on any device; download & print anytime

Sign & make it legal

Sign & make it legal

Securely sign online and invite others to sign

Making a Performance Bond

  • What is a Performance Bond?

    When you're investing in a complex project, a Performance Bond ensures that your contractor gets the job done right-or you get paid. You never know what will come up over the course of a construction project. Improve the odds that you won't be left out in the cold with a Performance Bond.


    Use the Performance Bond document if:

    • You're a project owner who wants reassurance when hiring a contractor.
    • You're a contractor who's asked to provide a little security.

    When you hire a construction contractor, you're taking a risk. Getting a Performance Bond can give you some peace of mind. Even if a contractor has glowing references, there's no guarantee that all will go according to plan. What if the contractor falls behind schedule? Does shoddy work? Goes bankrupt? Who's going to pay for your loss of income? With a Performance Bond, a surety company will pay you a specified amount when the job goes awry. If you're a contractor, a Performance Bond shows that you're backing your work with a financial guarantee. References and promises only go so far. A Performance Bond shows an owner that you believe in your work. Whether you're the project owner or the contractor, a Performance Bond can help pad an agreement.

    Other names for this document: Performance Bond Form, Payment and Performance Bond, Construction Performance Bond

Related Documents

Ask a lawyer

Our attorneys are here for you.
Characters remaining: 600
on call attorney mario
on call attorney kendall
on call attorney marc
Rocket Lawyer On Call® Attorneys

WHY ROCKET LAWYER?

Easy legal documents at your fingertips

Answer a few simple questions to make your document in minutes

Easily customizable
Make unlimited revisions and copies. Sign digitally. Share and print anytime.
Legal and reliable
Our documents are vetted by lawyers and legal staff, so you can use them with confidence.
Added protection with Document Defense®
If there's a dispute, an On Call attorney can respond on your behalf. Included in your Premium plan.
Try Rocket Lawyer free for 7 days
Make your Premium document today and get back to doing what you love.

Looking for something else?